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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,835 |
MORNINGSTAR2 years 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 | $128,751 | $69,305+85.8% | $82,312+56.4% | $69,631+84.9% |
| Participation rate | 96.3% | 80.3%+16.1pp | 76.9%+19.4pp | 70.7%+25.7pp |
| Annual return | 25.70% | 21.47%+4.2pp | 25.88%-0.2pp | 27571.02%-27545.3pp |
| Employer contribution / active EE | $2,845 | $1,887+50.8% | $2,428+17.2% | $2,032+40.0% |
| Participant deferral / active EE | $13,006 | $3,568+264.5% | $3,706+250.9% | $3,224+303.4% |
| Admin fee / account holder | $8 | $97-91.7% | $5,608-99.9% | $110-92.7% |