Filed October 28, 2020 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,919,959 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $158,012 |
EIDE BAILLY LLP3 years Service code 10 · EIN 45-0250958 | Accounting | $8,451 |
WILSHIRE ASSOCIATES INCORPORATED4+ 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 | $47,927 | $46,969+2.0% | $154,110-68.9% | $73,367-34.7% |
| Participation rate | 99.1% | 72.4%+26.7pp | 83.0%+16.1pp | 69.5%+29.6pp |
| Annual return | -5.18% | 821.68%-826.9pp | 735.22%-740.4pp | 173.45%-178.6pp |
| Employer contribution / active EE | $2,709 | $1,723+57.2% | $5,298-48.9% | $2,499+8.4% |
| Participant deferral / active EE | $4,127 | $3,162+30.5% | $5,081-18.8% | $4,033+2.3% |
| Admin fee / account holder | $59 | $47+26.8% | $13,412-99.6% | $68-13.6% |