Filed August 10, 2016
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $83,044 |
UBS FINANCIAL SERVICES INC9 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $48,945 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $67,140 | $92,186-27.2% | $105,624-36.4% | $77,762-13.7% |
| Participation rate | 77.1% | 81.0%-3.9pp | 75.3%+1.9pp | 70.6%+6.5pp |
| Annual return | 11.99% | 17.83%-5.8pp | 116.20%-104.2pp | 31.27%-19.3pp |
| Employer contribution / active EE | $935 | $3,376-72.3% | $3,168-70.5% | $2,728-65.7% |
| Participant deferral / active EE | $2,492 | $5,395-53.8% | $5,013-50.3% | $4,651-46.4% |
| Admin fee / account holder | $277 | $219+26.4% | $10,961-97.5% | $433-36.1% |