Filed December 2, 2018
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $504,884 |
Filed as: FIDELITY GLOBAL BROKERAGE GROUP INC Service code 33 · EIN 04-3257666 | Direct payment from the plan; Account... | $15,083 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $81,292 | $114,568-29.0% | $379,746-78.6% | $93,223-12.8% |
| Participation rate | 87.3% | 89.4%-2.1pp | 78.4%+8.8pp | 74.9%+12.4pp |
| Annual return | 15.82% | 16.38%-0.6pp | 34.90%-19.1pp | 19.29%-3.5pp |
| Employer contribution / active EE | $6 | $3,213-99.8% | $3,540-99.8% | $2,680-99.8% |
| Participant deferral / active EE | $5,337 | $6,118-12.8% | $6,024-11.4% | $4,563+17.0% |
| Admin fee / account holder | $73 | $72+1.4% | $7,927-99.1% | $79-7.3% |