Filed September 24, 2015
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,793 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $8,416 |
LINCOLN NATIONAL CORPORATION3 years Filed as: LINCOLN FINANCIAL SECURITIES CORPOR Service code 49 · EIN 02-0275490 | Other Services | $7,801 |
WILSHIRE ASSOCIATES INCORPORATED5+ years 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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,056 | $74,347+40.0% | $93,621+11.1% | $67,582+54.0% |
| Participation rate | 85.2% | 80.6%+4.6pp | 75.8%+9.4pp | 71.3%+13.9pp |
| Annual return | 24.04% | 28.07%-4.0pp | 32.76%-8.7pp | 378.57%-354.5pp |
| Employer contribution / active EE | $528 | $2,583-79.6% | $2,719-80.6% | $2,148-75.4% |
| Participant deferral / active EE | $3,994 | $4,060-1.6% | $4,070-1.9% | $3,539+12.8% |
| Admin fee / account holder | $32 | $123-74.2% | $7,890-99.6% | $142-77.8% |