Filed June 18, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $561,298 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $84,956 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,459 | $69,238-47.3% | $185,854-80.4% | $101,555-64.1% |
| Participation rate | 94.7% | 73.5%+21.2pp | 81.7%+13.0pp | 74.5%+20.2pp |
| Annual return | 16.04% | 21.26%-5.2pp | 122.12%-106.1pp | 21.00%-5.0pp |
| Employer contribution / active EE | $0 | $2,104-100.0% | $5,169-100.0% | $2,972-100.0% |
| Participant deferral / active EE | $4,399 | $3,764+16.9% | $5,569-21.0% | $4,874-9.8% |
| Admin fee / account holder | $72 | $66+8.0% | $16,246-99.6% | $139-48.6% |