Filed May 12, 2020 (most recent of 2 filings on file)
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 | $41,053 |
Filed as: KESTRA ADVISORY SERICES Service code 27 | Advisory (Plan) | $12,233 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $0 |
Filed as: WILSHIRE ASSOCIATES INC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,991 | $69,774-8.3% | $67,575-5.3% | $74,459-14.1% |
| Participation rate | 45.9% | 71.4%-25.5pp | 72.9%-27.0pp | 67.2%-21.3pp |
| Annual return | 14.93% | -40.53%+55.5pp | 3528.98%-3514.1pp | 1369.70%-1354.8pp |
| Employer contribution / active EE | $980 | $2,710-63.8% | $2,736-64.2% | $2,626-62.7% |
| Participant deferral / active EE | $2,919 | $3,636-19.7% | $4,003-27.1% | $4,350-32.9% |
| Admin fee / account holder | $420 | $890-52.8% | $3,993-89.5% | $1,945-78.4% |