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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 26 35 BEDFORD STREET, SUITE 15 · LEXINGTON, MA 02420 | Advisory (Participants) | $13,900 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $2,510 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $5,558 | $31,424-82.3% | $81,473-93.2% | $69,631-92.0% |
| Participation rate | 91.2% | 50.8%+40.3pp | 68.0%+23.2pp | 70.7%+20.5pp |
| Annual return | 16.39% | 22.44%-6.1pp | 38.78%-22.4pp | 27571.02%-27554.6pp |
| Employer contribution / active EE | $503 | $1,029-51.1% | $2,568-80.4% | $2,032-75.3% |
| Participant deferral / active EE | $1,160 | $1,838-36.9% | $3,537-67.2% | $3,224-64.0% |
| Admin fee / account holder | $127 | $103+23.6% | $4,561-97.2% | $110+14.8% |