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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $21,209 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL CORPORATION Service code 27 · EIN 04-3046611 | Advisory (Plan) | $12,808 |
PLANNING CORP OF AMERICA3 years Filed as: PLANNING SOLUTIONS GROUP, LLC Service code 27 · EIN 45-0491713 | Advisory (Plan) | $5,018 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $57,708 | $54,573+5.7% | $90,970-36.6% | $73,497-21.5% |
| Participation rate | 36.1% | 61.2%-25.1pp | 69.0%-32.9pp | 70.7%-34.6pp |
| Annual return | 7.71% | 16.69%-9.0pp | 134.60%-126.9pp | 28.51%-20.8pp |
| Employer contribution / active EE | $318 | $991-68.0% | $2,122-85.0% | $2,270-86.0% |
| Participant deferral / active EE | $2,367 | $2,517-6.0% | $3,373-29.8% | $3,740-36.7% |
| Admin fee / account holder | $283 | $521-45.8% | $5,961-95.3% | $513-44.9% |