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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL4 years Filed as: LPL FINANCIAL LLC Service code 26 35 BEDFORD STREET, SUITE 15 · LEXINGTON, MA 02420 | Advisory (Participants) | $12,052 |
Service code 26 35 BEDFORD STREET, SUITE 15 · LEXINGTON, MA 02420 | Advisory (Participants) | $7,102 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,417 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $7,789 | $43,133-81.9% | $89,435-91.3% | $73,497-89.4% |
| Participation rate | 92.9% | 55.0%+37.9pp | 68.0%+24.9pp | 70.7%+22.2pp |
| Annual return | 14.58% | 135.66%-121.1pp | 245.55%-231.0pp | 28.51%-13.9pp |
| Employer contribution / active EE | $648 | $1,438-55.0% | $2,587-75.0% | $2,270-71.5% |
| Participant deferral / active EE | $1,521 | $2,445-37.8% | $3,890-60.9% | $3,740-59.3% |
| Admin fee / account holder | $104 | $444-76.5% | $4,884-97.9% | $513-79.7% |