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 | $367,179 |
LPL FINANCIAL1+ years Service code 27 · EIN 04-3046611 | Advisory (Plan) | $14,130 |
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.
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 | $35,399 | $63,964-44.7% | $147,618-76.0% | $67,505-47.6% |
| Participation rate | 57.2% | 68.6%-11.4pp | 84.6%-27.4pp | 71.2%-14.0pp |
| Annual return | -9.33% | 9.05%-18.4pp | 61.98%-71.3pp | 6.52%-15.9pp |
| Employer contribution / active EE | $695 | $1,618-57.0% | $5,564-87.5% | $2,173-68.0% |
| Participant deferral / active EE | $2,128 | $2,589-17.8% | $4,895-56.5% | $3,597-40.8% |
| Admin fee / account holder | $83 | $43+94.2% | $11,612-99.3% | $56+48.0% |