Filed November 18, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $54,041 |
LOCKTON INVESTMENT ADVISORS, LLC4+ years Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $26,284 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $55,189 | $58,655-5.9% | $91,994-40.0% | $65,185-15.3% |
| Participation rate | 71.0% | 75.3%-4.3pp | 78.6%-7.6pp | 70.2%+0.8pp |
| Annual return | 23.01% | 33.92%-10.9pp | 69.04%-46.0pp | 29.38%-6.4pp |
| Employer contribution / active EE | $2,171 | $2,080+4.4% | $3,453-37.1% | $2,177-0.2% |
| Participant deferral / active EE | $6,909 | $5,474+26.2% | $5,924+16.6% | $3,514+96.6% |
| Admin fee / account holder | $309 | $434-28.9% | $7,744-96.0% | $847-63.5% |