Filed June 18, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $339,882 |
Filed as: RAYMOND JAMES Service code 27 · EIN 59-1237041 | Advisory (Plan) | $84,838 |
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 | $22,793 | $44,007-48.2% | $154,110-85.2% | $68,904-66.9% |
| Participation rate | 89.8% | 70.0%+19.7pp | 83.0%+6.7pp | 74.1%+15.7pp |
| Annual return | -5.17% | 8.15%-13.3pp | 735.22%-740.4pp | 1.07%-6.2pp |
| Employer contribution / active EE | $317 | $1,732-81.7% | $5,298-94.0% | $2,540-87.5% |
| Participant deferral / active EE | $3,521 | $2,813+25.2% | $5,081-30.7% | $4,015-12.3% |
| Admin fee / account holder | $56 | $65-13.6% | $13,412-99.6% | $71-21.5% |