Filed December 11, 2023 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $298,747 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $126,892 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $119,275 | $85,660+39.2% | $256,809-53.6% | $85,660+39.2% |
| Participation rate | 98.6% | 74.8%+23.8pp | 88.5%+10.1pp | 74.8%+23.8pp |
| Annual return | 15.77% | 19.52%-3.7pp | 32.73%-17.0pp | 19.52%-3.7pp |
| Employer contribution / active EE | $6,725 | $4,199+60.2% | $7,263-7.4% | $4,199+60.2% |
| Participant deferral / active EE | $10,444 | $3,518+196.8% | $9,520+9.7% | $3,518+196.8% |
| Admin fee / account holder | $205 | $224-8.4% | $25,146-99.2% | $224-8.4% |