Filed March 21, 2018
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| Provider | Service type | Compensation |
|---|---|---|
ROYAL ALLIANCE ASSOCIATES INC2+ years Service code 49 · EIN 93-0987232 | Other Services | $14,355 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,937 |
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 | $94,384 | $52,884+78.5% | $84,753+11.4% | $55,167+71.1% |
| Participation rate | 96.1% | 67.5%+28.6pp | 76.6%+19.5pp | 69.0%+27.1pp |
| Annual return | 7.81% | 18.03%-10.2pp | 22.78%-15.0pp | 169.23%-161.4pp |
| Employer contribution / active EE | $2,725 | $2,233+22.0% | $3,574-23.8% | $1,963+38.8% |
| Participant deferral / active EE | $5,488 | $2,644+107.6% | $3,712+47.8% | $3,054+79.7% |
| Admin fee / account holder | $25 | $581-95.8% | $5,333-99.5% | $504-95.1% |