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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 26 35 BEDFORD STREET, SUITE 15 · LEXINGTON, MA 02420 | Advisory (Participants) | $14,609 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $2,200 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $5,217 | $44,473-88.3% | $76,518-93.2% | $55,725-90.6% |
| Participation rate | 83.2% | 51.0%+32.2pp | 68.0%+15.2pp | 70.9%+12.4pp |
| Annual return | -9.20% | -2.01%-7.2pp | -0.27%-8.9pp | 244.93%-254.1pp |
| Employer contribution / active EE | $479 | $1,101-56.5% | $2,647-81.9% | $2,078-77.0% |
| Participant deferral / active EE | $1,115 | $1,988-43.9% | $3,836-70.9% | $3,356-66.8% |
| Admin fee / account holder | $102 | $134-23.6% | $4,849-97.9% | $115-11.1% |