Filed December 11, 2023 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $232,679 |
STIFEL NICOLAUS & CO INC2 years Filed as: STIFEL NICOLAUS & COMPANY INC Service code 27 · EIN 43-0538770 | Advisory (Plan) | $224,762 |
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 | $61,946 | $95,918-35.4% | $151,634-59.1% | $77,906-20.5% |
| Participation rate | 99.0% | 88.7%+10.3pp | 87.5%+11.5pp | 73.7%+25.3pp |
| Annual return | 0.81% | -5.50%+6.3pp | 3.32%-2.5pp | 12.16%-11.3pp |
| Employer contribution / active EE | $5,710 | $4,330+31.8% | $6,165-7.4% | $2,846+100.6% |
| Participant deferral / active EE | $8,798 | $7,508+17.2% | $8,363+5.2% | $4,805+83.1% |
| Admin fee / account holder | $167 | $93+79.0% | $11,614-98.6% | $133+25.9% |