Filed August 14, 2019
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $119,828 |
MORGAN STANLEY SMITH BARNEY3+ years Filed as: J P MORGAN SECURITIES LLC Service code 49 · EIN 13-3299429 | Other Services | $32,534 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $16,321 | $44,989-63.7% | $170,435-90.4% | $77,958-79.1% |
| Participation rate | 76.9% | 64.6%+12.3pp | 83.6%-6.7pp | 71.6%+5.3pp |
| Annual return | 24.24% | 19.61%+4.6pp | 205.94%-181.7pp | 20.87%+3.4pp |
| Employer contribution / active EE | $1,346 | $1,466-8.2% | $5,432-75.2% | $2,310-41.7% |
| Participant deferral / active EE | $2,702 | $2,208+22.4% | $4,939-45.3% | $3,537-23.6% |
| Admin fee / account holder | $68 | $69-1.6% | $13,881-99.5% | $97-30.3% |