Filed November 9, 2016 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $62,311 |
MORGAN STANLEY SMITH BARNEY4+ years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 49 · EIN 20-8764829 | Other Services | $49,651 |
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 | $227,545 | $76,112+199.0% | $96,544+135.7% | $71,529+218.1% |
| Participation rate | 100.0% | 74.4%+25.6pp | 76.0%+24.0pp | 67.9%+32.1pp |
| Annual return | 18.24% | 22.80%-4.6pp | 25.88%-7.6pp | 28.97%-10.7pp |
| Employer contribution / active EE | $8,793 | $2,248+291.2% | $2,966+196.4% | $2,590+239.5% |
| Participant deferral / active EE | $10,714 | $4,217+154.1% | $4,851+120.9% | $4,291+149.7% |
| Admin fee / account holder | $507 | $2,708-81.3% | $8,254-93.9% | $1,588-68.1% |