Filed March 22, 2023
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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1 year Filed as: LPL FINANCIAL CORPORATION Service code 99 · EIN 04-3046611 | Other Fees | $100,054 |
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $76,522 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,078 | $72,303-50.1% | $86,698-58.4% | $64,819-44.3% |
| Participation rate | 87.7% | 80.4%+7.3pp | 76.6%+11.2pp | 71.5%+16.3pp |
| Annual return | -14.16% | 392.77%-406.9pp | 35.95%-50.1pp | 32.84%-47.0pp |
| Employer contribution / active EE | $1,856 | $2,393-22.4% | $2,837-34.6% | $2,507-26.0% |
| Participant deferral / active EE | $4,891 | $4,660+5.0% | $4,656+5.1% | $4,311+13.5% |
| Admin fee / account holder | $133 | $174-23.6% | $7,493-98.2% | $188-29.2% |