Filed December 2, 2018
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $542,064 |
Filed as: FIDELITY GLOBAL BROKERAGE GROUP INC Service code 33 · EIN 04-3257666 | Direct payment from the plan; Securit... | $20,279 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $87,541 | $101,555-13.8% | $453,569-80.7% | $101,555-13.8% |
| Participation rate | 91.3% | 74.5%+16.8pp | 78.0%+13.3pp | 74.5%+16.8pp |
| Annual return | 14.63% | 21.00%-6.4pp | 64.43%-49.8pp | 21.00%-6.4pp |
| Employer contribution / active EE | $3,021 | $2,972+1.7% | $4,072-25.8% | $2,972+1.7% |
| Participant deferral / active EE | $6,405 | $4,874+31.4% | $6,211+3.1% | $4,874+31.4% |
| Admin fee / account holder | $73 | $139-47.4% | $11,214-99.3% | $139-47.4% |