Filed December 8, 2015
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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $149,919 |
MMA SECURITIES LLC2 years Filed as: MARSH INS & INVESTMENTS CORP Service code 49 · EIN 52-2189187 | Other Services | $2,419 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $49,154,169 | $407,990+11947.9% | $121,220+40449.6% | $75,289+65187.2% |
| Participation rate | 0.0% | 59.5%-59.5pp | 71.8%-71.8pp | 72.4%-72.4pp |
| Annual return | 27.88% | 2.93%+25.0pp | 16.94%+10.9pp | -0.04%+27.9pp |
| Employer contribution / active EE | $3,123 | $1,846+69.2% | $4,023-22.4% | $2,405+29.9% |
| Participant deferral / active EE | $6,058 | $2,201+175.3% | $3,345+81.1% | $3,739+62.0% |
| Admin fee / account holder | $49,973 | $455+10887.0% | $5,021+895.3% | $102+48752.4% |