Filed October 23, 2024 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $225,781 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $70,402 |
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 | $22,732 | $45,000-49.5% | $143,788-84.2% | $77,906-70.8% |
| Participation rate | 97.0% | 66.8%+30.2pp | 80.3%+16.7pp | 73.7%+23.3pp |
| Annual return | -16.45% | 29.03%-45.5pp | -0.03%-16.4pp | 12.16%-28.6pp |
| Employer contribution / active EE | $1,763 | $1,870-5.7% | $4,952-64.4% | $2,846-38.1% |
| Participant deferral / active EE | $3,063 | $3,157-3.0% | $5,638-45.7% | $4,805-36.3% |
| Admin fee / account holder | $168 | $98+70.3% | $14,675-98.9% | $133+26.4% |