Filed June 28, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,072 |
HUGHES, ROBERT L.1+ years Service code 49 89 MONROE CENTER ST NW · GRAND RAPIDS, MI 495032900 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $24,308 | $63,905-62.0% | $74,184-67.2% | $57,658-57.8% |
| Participation rate | 80.2% | 79.8%+0.5pp | 76.6%+3.6pp | 70.2%+10.0pp |
| Annual return | 18.53% | 60.60%-42.1pp | 17.74%+0.8pp | 5.13%+13.4pp |
| Employer contribution / active EE | $1,667 | $1,840-9.4% | $2,370-29.7% | $1,974-15.6% |
| Participant deferral / active EE | $2,813 | $3,448-18.4% | $3,550-20.8% | $3,061-8.1% |
| Admin fee / account holder | $13 | $91-85.2% | $5,586-99.8% | $95-85.8% |