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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LOCKTON FINANCIAL ADVISORS LLC Service code 27 · EIN 20-3247391 | Advisory (Plan) | $39,257 |
Service code 37 · EIN 04-2647786 | Loan Processing | $33,438 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $72,639 | $64,909+11.9% | $82,312-11.8% | $62,293+16.6% |
| Participation rate | 88.0% | 74.9%+13.1pp | 76.9%+11.1pp | 69.5%+18.5pp |
| Annual return | 14.81% | 21.18%-6.4pp | 25.88%-11.1pp | 28.90%-14.1pp |
| Employer contribution / active EE | $2,555 | $1,676+52.4% | $2,428+5.2% | $2,042+25.1% |
| Participant deferral / active EE | $7,764 | $3,103+150.2% | $3,706+109.5% | $3,169+145.0% |
| Admin fee / account holder | $354 | $440-19.4% | $5,608-93.7% | $479-26.1% |