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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,626 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
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 | $119,903 | $63,905+87.6% | $74,184+61.6% | $57,658+108.0% |
| Participation rate | 97.1% | 79.8%+17.3pp | 76.6%+20.4pp | 70.2%+26.8pp |
| Annual return | 10.88% | 60.60%-49.7pp | 17.74%-6.9pp | 5.13%+5.7pp |
| Employer contribution / active EE | $3,545 | $1,840+92.6% | $2,370+49.6% | $1,974+79.6% |
| Participant deferral / active EE | $15,907 | $3,448+361.3% | $3,550+348.1% | $3,061+419.7% |
| Admin fee / account holder | $17 | $91-81.7% | $5,586-99.7% | $95-82.4% |