Filed April 25, 2019 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $241,015 |
Filed as: INSTITUTIONAL INVESTMENT Service code 16 · EIN 81-0635433 | Consulting | $24,562 |
EIDE BAILLY LLP4 years Filed as: EIDEBAILLY LLP Service code 10 · EIN 45-0250958 | Accounting | $10,065 |
MORNINGSTAR6 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $63,404 | $114,195-44.5% | $106,554-40.5% | $93,010-31.8% |
| Participation rate | 99.0% | 86.4%+12.6pp | 76.1%+22.8pp | 73.9%+25.1pp |
| Annual return | 12.99% | 22.18%-9.2pp | 26.80%-13.8pp | 158.70%-145.7pp |
| Employer contribution / active EE | $2,828 | $4,009-29.5% | $2,819+0.3% | $2,705+4.5% |
| Participant deferral / active EE | $5,341 | $5,908-9.6% | $4,398+21.4% | $4,561+17.1% |
| Admin fee / account holder | $115 | $105+9.7% | $7,408-98.4% | $152-24.2% |