Filed December 2, 2018
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $554,970 |
Filed as: FIDELITY GLOBAL BROKERAGE GROUP INC Service code 33 · EIN 04-3257666 | Account maintenance fees; Direct paym... | $6,097 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,669 | $78,104-0.6% | $115,756-32.9% | $78,104-0.6% |
| Participation rate | 90.3% | 74.5%+15.8pp | 77.1%+13.2pp | 74.5%+15.8pp |
| Annual return | -15.36% | 10.90%-26.3pp | 143.14%-158.5pp | 10.90%-26.3pp |
| Employer contribution / active EE | $3,214 | $3,128+2.8% | $3,793-15.3% | $3,128+2.8% |
| Participant deferral / active EE | $7,351 | $5,089+44.4% | $6,254+17.5% | $5,089+44.4% |
| Admin fee / account holder | $75 | $79-5.2% | $8,124-99.1% | $79-5.2% |