Filed February 7, 2020
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $114,567 |
Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 27 · EIN 26-4310632 1 NEW YORK PLAZA, FLOOR 12 · NEW YORK, NY 100041901 | Advisory (Plan) | $56,250 |
ACTUARIAL BENEFITS CORP2 years Filed as: ACTUARIAL BENEFITS CORPORATION Service code 49 · EIN 20-1054428 2790 SKYPARD DRIVE, SUITE 300 · TORRANCE, CA 90505 | Other Services | $21,991 |
WRIGHT FORD YOUNG & CO1 year Filed as: WRIGHT FORD YOUNG & CO. Service code 10 | Accounting | $17,500 |
WRIGHT FORD YOUNG & CO1 year Filed as: WRIGHT FORD YOUNG Service code 10 · EIN 95-3288054 16140 SAND CANYON AVENUE · IRVINE, CA 92618 | Accounting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $68,026 | $134,045-49.3% | $80,022-15.0% | $75,289-9.6% |
| Participation rate | 68.1% | 85.8%-17.6pp | 75.8%-7.7pp | 72.4%-4.3pp |
| Annual return | -3.03% | -0.56%-2.5pp | 11.22%-14.2pp | -0.04%-3.0pp |
| Employer contribution / active EE | $1,814 | $3,492-48.1% | $2,468-26.5% | $2,405-24.6% |
| Participant deferral / active EE | $3,170 | $4,976-36.3% | $3,686-14.0% | $3,739-15.2% |
| Admin fee / account holder | $109 | $124-11.7% | $6,521-98.3% | $102+6.9% |