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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AMERIPRISE FIANCIAL SERVICES, INC. Service code 55 | Other Commissions | $70,790 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $64,619 |
Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 61 · EIN 04-3523567 | Finders' fees / placement fees | $54,612 |
Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 55 70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $33,651 | $46,182-27.1% | $170,435-80.3% | $69,634-51.7% |
| Participation rate | 61.0% | 63.9%-2.9pp | 83.6%-22.6pp | 70.7%-9.7pp |
| Annual return | 35.24% | 21.40%+13.8pp | 205.94%-170.7pp | 27572.26%-27537.0pp |
| Employer contribution / active EE | $2,723 | $1,610+69.1% | $5,432-49.9% | $2,032+34.0% |
| Participant deferral / active EE | $5,233 | $2,081+151.5% | $4,939+5.9% | $3,224+62.3% |
| Admin fee / account holder | $159 | $116+37.0% | $13,881-98.9% | $110+43.9% |