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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1+ years Service code 99 | Other Fees | $27,989 |
Filed as: BPAS Service code 49 | Other Services | $7,272 |
ADP BROKER-DEALER1+ years Filed as: ADP, INC Service code 15 · EIN 13-3036745 | Recordkeeping | $2,404 |
Filed as: BENEFIT PLANS ADMIN SERVICE Service code 49 6 RHOADS DR STE 7 · UTICA, NY 13502 | Other Services | $0 |
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORP Service code 99 · EIN 04-3046611 | Other Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,803 | $66,457-2.5% | $81,438-20.4% | $77,671-16.6% |
| Participation rate | 58.9% | 68.7%-9.9pp | 69.5%-10.6pp | 70.6%-11.7pp |
| Annual return | 12.95% | 15.93%-3.0pp | 24.74%-11.8pp | 31.21%-18.3pp |
| Employer contribution / active EE | $729 | $2,159-66.2% | $2,460-70.4% | $2,726-73.3% |
| Participant deferral / active EE | $2,723 | $3,679-26.0% | $3,883-29.9% | $4,648-41.4% |
| Admin fee / account holder | $31 | $583-94.6% | $5,764-99.5% | $430-92.7% |