Filed September 24, 2015
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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL6 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $20,049 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,753 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $136,709 | $92,186+48.3% | $105,624+29.4% | $77,762+75.8% |
| Participation rate | 76.8% | 81.0%-4.3pp | 75.3%+1.5pp | 70.6%+6.2pp |
| Annual return | 12.55% | 17.83%-5.3pp | 116.20%-103.6pp | 31.27%-18.7pp |
| Employer contribution / active EE | $499 | $3,376-85.2% | $3,168-84.3% | $2,728-81.7% |
| Participant deferral / active EE | $4,048 | $5,395-25.0% | $5,013-19.2% | $4,651-13.0% |
| Admin fee / account holder | $43 | $219-80.4% | $10,961-99.6% | $433-90.1% |