Filed October 28, 2020 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,893,428 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $107,215 |
Filed as: CLARK, JAMES L. Service code 49 101 W 69TH ST STE 200 · SIOUX FALLS, SD 571082440 | Other Services | $55,766 |
EIDE BAILLY LLP1 year Filed as: EIDE BAILLY, LLP Service code 10 · EIN 45-0250958 | Accounting | $15,603 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $49,073 | $53,684-8.6% | $170,435-71.2% | $80,976-39.4% |
| Participation rate | 98.3% | 69.2%+29.1pp | 83.6%+14.7pp | 68.3%+30.1pp |
| Annual return | 17.08% | 25.97%-8.9pp | 205.94%-188.9pp | 22.91%-5.8pp |
| Employer contribution / active EE | $2,548 | $1,642+55.2% | $5,432-53.1% | $2,402+6.0% |
| Participant deferral / active EE | $3,781 | $3,017+25.3% | $4,939-23.5% | $3,848-1.8% |
| Admin fee / account holder | $60 | $46+29.8% | $13,881-99.6% | $67-10.8% |