Filed October 28, 2020 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,594,487 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $13,931 |
WILSHIRE ASSOCIATES INCORPORATED6+ 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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,407 | $66,513+2.8% | $178,510-61.7% | $106,273-35.6% |
| Participation rate | 97.0% | 73.8%+23.2pp | 81.9%+15.0pp | 70.8%+26.2pp |
| Annual return | 15.81% | 21.81%-6.0pp | 151.13%-135.3pp | 21.70%-5.9pp |
| Employer contribution / active EE | $2,904 | $1,776+63.5% | $5,011-42.1% | $2,722+6.7% |
| Participant deferral / active EE | $4,660 | $3,679+26.7% | $5,202-10.4% | $4,601+1.3% |
| Admin fee / account holder | $45 | $53-15.6% | $13,988-99.7% | $78-42.4% |