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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,209,051 |
Filed as: PIETZSCH, BONNETT & WOMA Service code 29 · EIN 81-0574082 | Legal | $183,102 |
LPL FINANCIAL7+ years Service code 16 · EIN 95-2834236 | Consulting | $56,250 |
COMPASS 360, LLC1 year Filed as: COMPASS FINANCIAL PARTNERS Service code 27 · EIN 04-3046611 | Advisory (Plan) | $18,750 |
CLIFTONLARSONALLEN LLP3 years Service code 10 · EIN 41-0746749 | Accounting | $12,600 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $29,975 | $130,338-77.0% | $85,708-65.0% | $106,520-71.9% |
| Participation rate | 67.2% | 64.6%+2.6pp | 69.9%-2.7pp | 71.3%-4.1pp |
| Annual return | 17.70% | 14.40%+3.3pp | 21.49%-3.8pp | 19.28%-1.6pp |
| Employer contribution / active EE | $910 | $3,864-76.4% | $2,618-65.2% | $2,840-68.0% |
| Participant deferral / active EE | $2,267 | $4,160-45.5% | $3,922-42.2% | $4,948-54.2% |
| Admin fee / account holder | $86 | $114-24.4% | $6,876-98.7% | $75+15.5% |