Filed April 3, 2003
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,069,540 |
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL - RPCP Service code 26 · EIN 04-3046611 | Advisory (Participants) | $288,940 |
CHRISTOPHER MCGOLDRICK CFO1+ years Service code 49 · EIN 91-1352993 | Other Services | $7,803 |
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 | $48,154 | $46,516+3.5% | $147,618-67.4% | $69,651-30.9% |
| Participation rate | 59.4% | 65.8%-6.4pp | 84.6%-25.2pp | 66.6%-7.2pp |
| Annual return | 3.58% | 9.48%-5.9pp | 61.98%-58.4pp | 53.77%-50.2pp |
| Employer contribution / active EE | $787 | $1,393-43.5% | $5,564-85.9% | $2,241-64.9% |
| Participant deferral / active EE | $2,428 | $2,719-10.7% | $4,895-50.4% | $3,635-33.2% |
| Admin fee / account holder | $90 | $45+100.2% | $11,612-99.2% | $63+41.8% |