Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
FIRST CLEARING LLC1 year Service code 55 · EIN 23-2384840 | Other Commissions | $34,378 |
Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 61 · EIN 04-3523567 | Finders' fees / placement fees | $30,523 |
Service code 61 | Finders' fees / placement fees | $8,208 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $39,849 | $107,378-62.9% | $108,582-63.3% | $57,658-30.9% |
| Participation rate | 30.5% | 77.1%-46.6pp | 79.6%-49.1pp | 70.2%-39.8pp |
| Annual return | 5.26% | 12.80%-7.5pp | -51.70%+57.0pp | 5.13%+0.1pp |
| Employer contribution / active EE | $0 | $1,782-100.0% | $3,758-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $1,554 | $3,221-51.8% | $4,311-64.0% | $3,061-49.2% |
| Admin fee / account holder | $6 | $108-94.9% | $7,645-99.9% | $95-94.1% |