Filed June 18, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $644,684 |
Filed as: RAYMOND JAMES Service code 27 · EIN 59-1237041 | Advisory (Plan) | $85,000 |
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 | $34,389 | $59,312-42.0% | $149,740-77.0% | $103,657-66.8% |
| Participation rate | 95.2% | 70.3%+24.9pp | 78.8%+16.4pp | 73.4%+21.8pp |
| Annual return | 19.82% | 78.03%-58.2pp | 134.51%-114.7pp | 33.13%-13.3pp |
| Employer contribution / active EE | $363 | $2,187-83.4% | $4,821-92.5% | $3,216-88.7% |
| Participant deferral / active EE | $4,706 | $3,719+26.5% | $5,683-17.2% | $5,218-9.8% |
| Admin fee / account holder | $68 | $103-33.3% | $13,222-99.5% | $114-40.0% |