Filed October 23, 2024 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $281,450 |
Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 14 · EIN 46-5378846 | Plan Administrator | $7,990 |
Service code 15 · EIN 35-0145825 | Recordkeeping | $5,263 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,617 | $53,216-23.7% | $155,534-73.9% | $199,960-79.7% |
| Participation rate | 86.4% | 64.1%+22.3pp | 78.2%+8.2pp | 72.0%+14.4pp |
| Annual return | 16.38% | 41.18%-24.8pp | 64.92%-48.5pp | 34.28%-17.9pp |
| Employer contribution / active EE | $2,229 | $1,848+20.6% | $4,675-52.3% | $3,036-26.6% |
| Participant deferral / active EE | $3,682 | $3,164+16.4% | $5,630-34.6% | $5,087-27.6% |
| Admin fee / account holder | $258 | $186+39.1% | $15,900-98.4% | $269-4.1% |