Filed December 13, 2016
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $88,283 |
LPL FINANCIAL2 years Filed as: NEXT FINANCIAL GROUP INC Service code 27 · EIN 54-1900002 | Advisory (Plan) | $48,114 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,193 | $89,067-18.9% | $102,423-29.5% | $77,714-7.1% |
| Participation rate | 98.5% | 80.9%+17.6pp | 76.5%+22.0pp | 70.6%+27.9pp |
| Annual return | 16.05% | 25.01%-9.0pp | 29.42%-13.4pp | 31.26%-15.2pp |
| Employer contribution / active EE | $1,470 | $2,699-45.6% | $3,023-51.4% | $2,727-46.1% |
| Participant deferral / active EE | $5,105 | $5,147-0.8% | $5,054+1.0% | $4,649+9.8% |
| Admin fee / account holder | $170 | $236-27.9% | $9,455-98.2% | $433-60.7% |