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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1+ years Filed as: WADDELL AND REED INC. Service code 27 · EIN 43-1235675 | Advisory (Plan) | $70,790 |
Service code 37 · EIN 04-2647786 | Loan Processing | $35,182 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $119,685 | $88,324+35.5% | $115,038+4.0% | $55,191+116.9% |
| Participation rate | 81.4% | 72.5%+8.9pp | 81.4%+0.1pp | 69.2%+12.3pp |
| Annual return | 0.74% | 6.30%-5.6pp | 26.14%-25.4pp | 10.78%-10.0pp |
| Employer contribution / active EE | $3,419 | $2,805+21.9% | $4,608-25.8% | $1,899+80.1% |
| Participant deferral / active EE | $6,654 | $5,042+32.0% | $6,026+10.4% | $3,046+118.4% |
| Admin fee / account holder | $366 | $105+247.2% | $8,175-95.5% | $91+303.1% |