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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PHILLIPS FINANCIAL MANAGEMENT, LLC Service code 26 · EIN 20-1131890 | Advisory (Participants) | $46,687 |
Service code 15 · EIN 27-1155910 | Recordkeeping | $10,369 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $169,328 | $61,166+176.8% | $185,849-8.9% | $79,391+113.3% |
| Participation rate | 97.0% | 66.6%+30.4pp | 81.7%+15.3pp | 70.7%+26.3pp |
| Annual return | 14.28% | 19.45%-5.2pp | 122.10%-107.8pp | 116.88%-102.6pp |
| Employer contribution / active EE | $5,084 | $2,321+119.1% | $5,169-1.6% | $2,428+109.4% |
| Participant deferral / active EE | $5,419 | $2,789+94.3% | $5,569-2.7% | $4,046+33.9% |
| Admin fee / account holder | $489 | $710-31.1% | $16,244-97.0% | $627-22.0% |