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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $357,225 |
Service code 29 · EIN 81-0574082 | Legal | $69,201 |
LPL FINANCIAL5+ years Service code 16 · EIN 95-2834236 | Consulting | $56,250 |
CLIFTONLARSONALLEN LLP1 year Service code 10 · EIN 41-0746749 | Accounting | $12,800 |
MORNINGSTAR4 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 | $39,597 | $106,734-62.9% | $75,906-47.8% | $89,609-55.8% |
| Participation rate | 25.0% | 65.6%-40.6pp | 69.3%-44.3pp | 69.6%-44.6pp |
| Annual return | 51.46% | 24.20%+27.3pp | 30.73%+20.7pp | 33.65%+17.8pp |
| Employer contribution / active EE | $417 | $3,939-89.4% | $2,501-83.3% | $2,584-83.9% |
| Participant deferral / active EE | $990 | $3,965-75.0% | $3,604-72.5% | $4,222-76.6% |
| Admin fee / account holder | $47 | $80-41.8% | $5,421-99.1% | $72-34.9% |