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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $20,785 |
LPL FINANCIAL1+ years Service code 16 75 STATE ST. 24TH FLOOR · BOSTON, MA 02109 | Consulting | $19,598 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,510 | $33,745-15.5% | $64,105-55.5% | $55,191-48.3% |
| Participation rate | 59.5% | 59.4%+0.1pp | 68.2%-8.7pp | 69.2%-9.7pp |
| Annual return | 5.68% | 4.95%+0.7pp | 791.24%-785.6pp | 10.78%-5.1pp |
| Employer contribution / active EE | $710 | $641+10.7% | $1,820-61.0% | $1,899-62.6% |
| Participant deferral / active EE | $2,397 | $1,929+24.2% | $2,822-15.0% | $3,046-21.3% |
| Admin fee / account holder | $136 | $94+43.8% | $4,499-97.0% | $91+49.4% |