Filed January 28, 2020
Total covered: 30 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $139,581 |
WELLS FARGO BANK, N.A.5 years Filed as: WELLS FARGO ADVISORS FIN NETWORK Service code 27 · EIN 48-1305000 | Advisory (Plan) | $97,917 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,329 | $50,902+61.7% | $155,534-47.1% | $77,736+5.9% |
| Participation rate | 89.9% | 63.1%+26.8pp | 78.2%+11.7pp | 70.6%+19.3pp |
| Annual return | 12.83% | 34.85%-22.0pp | 64.92%-52.1pp | 31.26%-18.4pp |
| Employer contribution / active EE | $1,521 | $1,991-23.6% | $4,675-67.5% | $2,728-44.2% |
| Participant deferral / active EE | $5,483 | $2,824+94.2% | $5,630-2.6% | $4,651+17.9% |
| Admin fee / account holder | $450 | $437+3.0% | $15,900-97.2% | $433+3.9% |