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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL2+ years Filed as: WADDELL AND REED INC. Service code 27 · EIN 43-1235675 | Advisory (Plan) | $61,805 |
Service code 37 · EIN 04-2647786 | Loan Processing | $30,192 |
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 | $131,019 | $80,177+63.4% | $123,894+5.8% | $57,658+127.2% |
| Participation rate | 88.4% | 74.4%+13.9pp | 81.4%+7.0pp | 70.2%+18.2pp |
| Annual return | 7.81% | 17.90%-10.1pp | 47.52%-39.7pp | 5.13%+2.7pp |
| Employer contribution / active EE | $3,758 | $2,913+29.0% | $4,617-18.6% | $1,974+90.4% |
| Participant deferral / active EE | $7,548 | $5,130+47.1% | $5,984+26.1% | $3,061+146.6% |
| Admin fee / account holder | $309 | $106+190.3% | $8,357-96.3% | $95+226.5% |