Filed December 27, 2018 (most recent of 9 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
CAPFINANCIAL PARTNERS LLC3 years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $55,453 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $11,828 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $74,584 | $65,118+14.5% | $76,768-2.8% | $55,727+33.8% |
| Participation rate | 49.8% | 79.6%-29.8pp | 77.0%-27.1pp | 70.9%-21.0pp |
| Annual return | -0.86% | -1.27%+0.4pp | 2.43%-3.3pp | 244.94%-245.8pp |
| Employer contribution / active EE | $222 | $1,941-88.6% | $2,485-91.1% | $2,078-89.3% |
| Participant deferral / active EE | $1,839 | $3,688-50.1% | $3,852-52.3% | $3,356-45.2% |
| Admin fee / account holder | $21 | $116-81.9% | $6,676-99.7% | $115-81.8% |