Filed February 7, 2020
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $252,789 |
MORGAN STANLEY SMITH BARNEY3 years 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) | $72,250 |
ACTUARIAL BENEFITS CORP4 years Filed as: ACTUARIAL BENEFITS CORPORATION Service code 13 · EIN 20-1054428 2790 SKYPARD DRIVE, SUITE 300 · TORRANCE, CA 90505 | Contract Administrator | $33,940 |
WRIGHT FORD YOUNG & CO3 years Filed as: WRIGHT FORD YOUNG & CO. Service code 10 | Accounting | $12,996 |
WRIGHT FORD YOUNG & CO3 years 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.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $66,370 | $105,190-36.9% | $98,920-32.9% | $90,274-26.5% |
| Participation rate | 68.0% | 86.4%-18.4pp | 76.0%-8.0pp | 73.4%-5.4pp |
| Annual return | 7.47% | 18.52%-11.0pp | 196.47%-189.0pp | 53.97%-46.5pp |
| Employer contribution / active EE | $1,864 | $3,831-51.3% | $2,689-30.7% | $2,523-26.1% |
| Participant deferral / active EE | $3,140 | $5,616-44.1% | $4,245-26.0% | $4,231-25.8% |
| Admin fee / account holder | $167 | $97+71.8% | $6,643-97.5% | $114+46.6% |