Filed December 11, 2023 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $272,239 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $88,998 |
STIFEL NICOLAUS & CO INC4 years Filed as: STIFEL NICOLAUS & COMPANY INC Service code 27 · EIN 43-0538770 | Advisory (Plan) | $33,572 |
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 | $103,084 | $122,585-15.9% | $184,256-44.1% | $200,096-48.5% |
| Participation rate | 98.5% | 86.9%+11.6pp | 86.8%+11.7pp | 72.0%+26.5pp |
| Annual return | 31.93% | 144.12%-112.2pp | 28.85%+3.1pp | 34.26%-2.3pp |
| Employer contribution / active EE | $6,073 | $4,571+32.9% | $6,427-5.5% | $3,038+99.9% |
| Participant deferral / active EE | $9,573 | $7,972+20.1% | $9,133+4.8% | $5,090+88.1% |
| Admin fee / account holder | $186 | $120+54.7% | $13,899-98.7% | $269-30.9% |