Filed December 21, 2018
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $421,084 |
Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $112,576 |
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 | $56,007 | $96,261-41.8% | $76,768-27.0% | $68,904-18.7% |
| Participation rate | 99.5% | 87.0%+12.5pp | 77.0%+22.5pp | 74.1%+25.4pp |
| Annual return | -4.88% | -0.85%-4.0pp | 2.43%-7.3pp | 1.07%-5.9pp |
| Employer contribution / active EE | $3,857 | $3,303+16.8% | $2,485+55.2% | $2,540+51.8% |
| Participant deferral / active EE | $3,064 | $5,537-44.7% | $3,852-20.5% | $4,015-23.7% |
| Admin fee / account holder | $70 | $73-3.5% | $6,676-98.9% | $71-1.4% |