Filed December 13, 2016
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,542 |
HUGHES, ROBERT L.2+ years Service code 49 89 MONROE CENTER ST NW · GRAND RAPIDS, MI 495032900 | Other Services | $2,282 |
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 | $57,597 | $60,165-4.3% | $74,184-22.4% | $55,167+4.4% |
| Participation rate | 96.0% | 74.2%+21.8pp | 76.6%+19.3pp | 69.0%+27.0pp |
| Annual return | 8.11% | 10.00%-1.9pp | 17.74%-9.6pp | 169.23%-161.1pp |
| Employer contribution / active EE | $1,360 | $1,600-15.0% | $2,370-42.6% | $1,963-30.7% |
| Participant deferral / active EE | $4,105 | $2,973+38.1% | $3,550+15.6% | $3,054+34.4% |
| Admin fee / account holder | $25 | $419-94.0% | $5,586-99.6% | $504-95.0% |