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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $30,220 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $25,557 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $164,596 | $60,139+173.7% | $90,461+82.0% | $79,856+106.1% |
| Participation rate | 95.7% | 65.0%+30.7pp | 72.7%+23.0pp | 69.6%+26.1pp |
| Annual return | 5.30% | 71.96%-66.7pp | 1294.76%-1289.5pp | 31.71%-26.4pp |
| Employer contribution / active EE | $1,352 | $2,069-34.7% | $3,264-58.6% | $2,471-45.3% |
| Participant deferral / active EE | $6,184 | $2,939+110.4% | $3,964+56.0% | $3,741+65.3% |
| Admin fee / account holder | $569 | $3,978-85.7% | $5,617-89.9% | $5,306-89.3% |