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| Provider | Service type | Compensation |
|---|---|---|
LTSP, INC.1 year Filed as: LTSP, INC Service code 10 · EIN 95-3864890 | Accounting | $8,300 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,224 |
THE BENEFIT PRACTICE1 year Service code 13 · EIN 13-4144565 | Contract Administrator | $5,275 |
UBS FINANCIAL SERVICES INC2 years Service code 49 · EIN 51-0120742 | Other Services | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $6,318 | $46,100-86.3% | $86,582-92.7% | $69,631-90.9% |
| Participation rate | 99.7% | 67.2%+32.6pp | 73.5%+26.2pp | 70.7%+29.1pp |
| Annual return | 23.59% | 21.02%+2.6pp | 965.08%-941.5pp | 27571.02%-27547.4pp |
| Employer contribution / active EE | $1,631 | $1,850-11.8% | $2,839-42.5% | $2,032-19.7% |
| Participant deferral / active EE | $1,330 | $2,432-45.3% | $3,609-63.1% | $3,224-58.7% |
| Admin fee / account holder | $41 | $94-56.7% | $4,904-99.2% | $110-63.2% |