Filed January 13, 2017
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $104,435 |
Filed as: RAYMOND JAMES FIN SVCS ADVISORS Service code 27 · EIN 59-2937883 | Advisory (Plan) | $42,600 |
THE RETIREMENT ADVANTAGE INC4 years Service code 49 · EIN 39-1816008 | Other Services | $10,320 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,338 | $95,417-43.1% | $135,974-60.0% | $74,460-27.0% |
| Participation rate | 100.0% | 78.2%+21.8pp | 81.9%+18.1pp | 70.7%+29.3pp |
| Annual return | 13.45% | 32.76%-19.3pp | 68.30%-54.9pp | 34.38%-20.9pp |
| Employer contribution / active EE | $1,488 | $3,878-61.6% | $4,859-69.4% | $2,638-43.6% |
| Participant deferral / active EE | $4,120 | $7,789-47.1% | $7,760-46.9% | $4,530-9.0% |
| Admin fee / account holder | $190 | $266-28.7% | $10,767-98.2% | $348-45.4% |