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 | $43,496+78.2% | $161,489-52.0% | $64,340+20.5% |
| Participation rate | 43.5% | 53.5%-10.0pp | 78.7%-35.2pp | 55.2%-11.7pp |
| Annual return | 11.51% | 20.76%-9.2pp | 89.72%-78.2pp | 24.14%-12.6pp |
| Employer contribution / active EE | $666 | $1,431-53.5% | $4,268-84.4% | $1,862-64.2% |
| Participant deferral / active EE | $2,502 | $1,996+25.4% | $5,630-55.6% | $2,980-16.1% |
| Admin fee / account holder | $355 | $2,330-84.7% | $16,006-97.8% | $3,703-90.4% |