Filed December 21, 2018
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $850,070 |
Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $117,603 |
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 | $84,019 | $144,879-42.0% | $111,319-24.5% | $93,010-9.7% |
| Participation rate | 99.4% | 86.1%+13.3pp | 77.3%+22.1pp | 73.9%+25.5pp |
| Annual return | 14.49% | 18.11%-3.6pp | 54.68%-40.2pp | 158.70%-144.2pp |
| Employer contribution / active EE | $3,087 | $3,052+1.1% | $2,732+13.0% | $2,705+14.1% |
| Participant deferral / active EE | $4,446 | $5,576-20.3% | $4,488-0.9% | $4,561-2.5% |
| Admin fee / account holder | $151 | $104+45.9% | $7,966-98.1% | $152-0.4% |