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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LOCKTON FINANCIAL ADVISORS LLC Service code 27 · EIN 20-3247391 | Advisory (Plan) | $44,848 |
Service code 37 · EIN 04-2647786 | Loan Processing | $29,631 |
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 | $103,204 | $73,638+40.2% | $95,956+7.6% | $73,493+40.4% |
| Participation rate | 96.1% | 76.2%+19.9pp | 77.1%+19.0pp | 70.7%+25.4pp |
| Annual return | 27.58% | 16.78%+10.8pp | 91.63%-64.1pp | 28.51%-0.9pp |
| Employer contribution / active EE | $4,835 | $1,863+159.5% | $2,541+90.2% | $2,270+113.0% |
| Participant deferral / active EE | $8,742 | $3,617+141.7% | $4,167+109.8% | $3,740+133.7% |
| Admin fee / account holder | $346 | $482-28.3% | $6,797-94.9% | $513-32.6% |