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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,070 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $7,165 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $61,293 | $75,962-19.3% | $154,111-60.2% | $64,173-4.5% |
| Participation rate | 58.3% | 70.4%-12.1pp | 83.0%-24.7pp | 69.6%-11.2pp |
| Annual return | -4.73% | 30.32%-35.1pp | 735.18%-739.9pp | 7.63%-12.4pp |
| Employer contribution / active EE | $2,013 | $3,350-39.9% | $5,298-62.0% | $2,381-15.5% |
| Participant deferral / active EE | $3,374 | $3,175+6.3% | $5,081-33.6% | $3,470-2.8% |
| Admin fee / account holder | $207 | $5,589-96.3% | $13,411-98.5% | $4,887-95.8% |