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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,574,843 |
LPL FINANCIAL3+ years Filed as: LPL FINANCIAL - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $286,987 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $51,304 | $53,684-4.4% | $170,435-69.9% | $80,976-36.6% |
| Participation rate | 46.1% | 69.2%-23.1pp | 83.6%-37.5pp | 68.3%-22.1pp |
| Annual return | 14.63% | 25.97%-11.3pp | 205.94%-191.3pp | 22.91%-8.3pp |
| Employer contribution / active EE | $744 | $1,642-54.7% | $5,432-86.3% | $2,402-69.0% |
| Participant deferral / active EE | $2,213 | $3,017-26.6% | $4,939-55.2% | $3,848-42.5% |
| Admin fee / account holder | $91 | $46+95.3% | $13,881-99.3% | $67+34.2% |