Filed October 28, 2020 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,769,114 |
Filed as: WILSHIRE ADVISORS LLC 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 | $81,697 | $68,330+19.6% | $149,740-45.4% | $96,393-15.2% |
| Participation rate | 97.3% | 74.6%+22.7pp | 78.8%+18.5pp | 71.3%+26.0pp |
| Annual return | 24.96% | 29.64%-4.7pp | 134.51%-109.6pp | 22.88%+2.1pp |
| Employer contribution / active EE | $3,317 | $2,139+55.0% | $4,821-31.2% | $3,239+2.4% |
| Participant deferral / active EE | $5,687 | $4,422+28.6% | $5,683+0.1% | $5,455+4.3% |
| Admin fee / account holder | $46 | $52-10.6% | $13,222-99.6% | $74-37.1% |