Filed December 11, 2023 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $253,346 |
STIFEL NICOLAUS & CO INC1 year Filed as: STIFEL NICOLAUS & COMPANY INC Service code 49 · EIN 43-0538770 | Other Services | $124,246 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,922 | $118,337-46.0% | $189,534-66.3% | $93,010-31.3% |
| Participation rate | 99.0% | 89.1%+9.9pp | 87.8%+11.2pp | 73.9%+25.1pp |
| Annual return | 29.49% | 21.77%+7.7pp | 555.39%-525.9pp | 158.70%-129.2pp |
| Employer contribution / active EE | $3,107 | $4,204-26.1% | $6,162-49.6% | $2,705+14.9% |
| Participant deferral / active EE | $7,049 | $7,123-1.0% | $8,220-14.2% | $4,561+54.6% |
| Admin fee / account holder | $195 | $100+95.3% | $12,049-98.4% | $152+28.3% |