Filed May 28, 2009
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $183,138 |
LPL FINANCIAL4+ years Service code 27 · EIN 95-2834236 | Advisory (Plan) | $68,466 |
Filed as: PIETZSCH, BONNETT AND WOMACK Service code 29 · EIN 81-0574082 | Legal | $57,590 |
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTONLARSENALLEN Service code 10 · EIN 41-0746749 | Accounting | $12,700 |
Filed as: GRP ADVISOR ALLIANCE Service code 38 · EIN 47-3204636 | Participant Communication | $10,000 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,501 | $96,540-61.2% | $67,313-44.3% | $73,367-48.9% |
| Participation rate | 26.5% | 65.8%-39.3pp | 69.1%-42.6pp | 69.5%-43.0pp |
| Annual return | -4.40% | -4.11%-0.3pp | -4.08%-0.3pp | 173.45%-177.9pp |
| Employer contribution / active EE | $377 | $4,087-90.8% | $2,566-85.3% | $2,499-84.9% |
| Participant deferral / active EE | $958 | $3,965-75.8% | $3,568-73.2% | $4,033-76.3% |
| Admin fee / account holder | $5 | $100-94.9% | $4,507-99.9% | $68-92.6% |