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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $25,465 |
LPL FINANCIAL3+ years Service code 16 75 STATE ST. 24TH FLOOR · BOSTON, MA 02109 | Consulting | $25,217 |
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 | $43,256 | $48,064-10.0% | $78,778-45.1% | $69,631-37.9% |
| Participation rate | 53.9% | 61.6%-7.7pp | 69.2%-15.3pp | 70.7%-16.8pp |
| Annual return | 18.80% | 21.81%-3.0pp | 35.62%-16.8pp | 27571.02%-27552.2pp |
| Employer contribution / active EE | $734 | $744-1.3% | $1,986-63.0% | $2,032-63.9% |
| Participant deferral / active EE | $2,420 | $2,079+16.4% | $2,958-18.2% | $3,224-24.9% |
| Admin fee / account holder | $176 | $152+15.7% | $5,134-96.6% | $110+59.3% |