Filed August 22, 2022
Total covered: 12 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $267,645 |
LPL FINANCIAL4 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $60,949 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,609 | $39,973-28.4% | $79,580-64.0% | $77,906-63.3% |
| Participation rate | 80.1% | 64.6%+15.5pp | 69.5%+10.6pp | 73.7%+6.4pp |
| Annual return | -14.50% | 3.42%-17.9pp | 0.15%-14.7pp | 12.16%-26.7pp |
| Employer contribution / active EE | $516 | $1,088-52.6% | $2,413-78.6% | $2,846-81.9% |
| Participant deferral / active EE | $1,938 | $2,774-30.1% | $3,985-51.4% | $4,805-59.7% |
| Admin fee / account holder | $156 | $113+37.9% | $6,835-97.7% | $133+17.4% |