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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $40,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $24,662 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $182,785 | $54,757+233.8% | $90,300+102.4% | $72,983+150.4% |
| Participation rate | 100.0% | 65.1%+34.9pp | 73.3%+26.7pp | 69.5%+30.5pp |
| Annual return | 20.51% | 30.63%-10.1pp | 78.11%-57.6pp | 81.01%-60.5pp |
| Employer contribution / active EE | $5,421 | $2,092+159.1% | $2,854+90.0% | $2,440+122.2% |
| Participant deferral / active EE | $14,776 | $2,887+411.9% | $3,884+280.4% | $3,608+309.6% |
| Admin fee / account holder | $443 | $3,972-88.8% | $5,353-91.7% | $5,124-91.4% |