Filed April 25, 2019 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $279,090 |
INSTITUTIONAL INVESTMENT CONSULTING10+ years Service code 16 · EIN 81-0635433 | Consulting | $29,399 |
EIDE BAILLY LLP9 years Service code 10 · EIN 45-0250958 | Accounting | $18,595 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,634 | $112,582-47.0% | $105,624-43.5% | $200,096-70.2% |
| Participation rate | 98.0% | 86.3%+11.8pp | 75.3%+22.7pp | 72.0%+26.0pp |
| Annual return | 11.31% | 15.58%-4.3pp | 116.20%-104.9pp | 34.26%-23.0pp |
| Employer contribution / active EE | $2,475 | $4,580-46.0% | $3,168-21.9% | $3,038-18.5% |
| Participant deferral / active EE | $4,847 | $6,655-27.2% | $5,013-3.3% | $5,090-4.8% |
| Admin fee / account holder | $116 | $107+8.0% | $10,961-98.9% | $269-57.1% |