Filed June 2, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1 year Filed as: LPL FINANCIAL, LLCP-RPCP Service code 27 · EIN 95-2834236 RPCP COMPENSATION PROCESSING PO BOX · SAN DIEGO, CA 92150 | Advisory (Plan) | $44,584 |
NATIONWIDE4 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $25,557 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,528 | $46,688+66.1% | $189,758-59.1% | $69,733+11.2% |
| Participation rate | 43.5% | 61.7%-18.2pp | 79.8%-36.3pp | 62.5%-18.9pp |
| Annual return | 11.51% | 14.35%-2.8pp | 52.62%-41.1pp | 15.22%-3.7pp |
| Employer contribution / active EE | $666 | $1,695-60.7% | $4,767-86.0% | $2,250-70.4% |
| Participant deferral / active EE | $2,502 | $2,143+16.8% | $5,856-57.3% | $3,054-18.1% |
| Admin fee / account holder | $355 | $1,700-79.1% | $20,388-98.3% | $3,102-88.5% |