Plan Snapshot
- Plan Sponsor: Principle Usa, INC.
- Sponsor EIN: 261849187
- Sponsor Address: 2160 LAKESIDE CENTRE WAY, KNOXVILLE, TN, 37922
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 95 | $5.4M | $106,368 | $675,856 |
| 2023 | 83 | $5.0M | $0 | $582,450 |
| 2022 | 88 | $4.4M | $42 | $600,181 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $15,596 | — | $15,596 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,596
- Estimated Expense Ratio: 0.291% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $19,838 | $4,243 | $15,595 | — | — |
| 2023 | $27,406 | $3,514 | $23,892 | — | — |
| 2022 | $39,551 | $4,005 | $35,546 | — | — |