Filed August 7, 2012
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $171,583 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $47,102 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $30,731 | $72,066-57.4% | $81,726-62.4% | $90,274-66.0% |
| Participation rate | 98.1% | 78.9%+19.2pp | 72.0%+26.1pp | 73.4%+24.7pp |
| Annual return | 16.88% | 15.92%+1.0pp | 29.49%-12.6pp | 53.97%-37.1pp |
| Employer contribution / active EE | $0 | $2,335-100.0% | $4,311-100.0% | $2,523-100.0% |
| Participant deferral / active EE | $3,683 | $3,557+3.5% | $7,108-48.2% | $4,231-13.0% |
| Admin fee / account holder | $146 | $92+58.0% | $5,160-97.2% | $114+28.1% |