Filed December 13, 2016
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,570 |
HUGHES, ROBERT L.1+ years Service code 49 89 MONROE CENTER ST NW · GRAND RAPIDS, MI 495032900 | Other Services | $2,087 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $48,699 | $72,770-33.1% | $67,652-28.0% | $55,191-11.8% |
| Participation rate | 96.4% | 78.8%+17.7pp | 75.7%+20.8pp | 69.2%+27.3pp |
| Annual return | 1.12% | -3.26%+4.4pp | 6625.40%-6624.3pp | 10.78%-9.7pp |
| Employer contribution / active EE | $1,131 | $1,769-36.1% | $2,266-50.1% | $1,899-40.5% |
| Participant deferral / active EE | $3,538 | $3,408+3.8% | $3,560-0.6% | $3,046+16.2% |
| Admin fee / account holder | $21 | $79-73.3% | $4,821-99.6% | $91-76.8% |