Filed April 6, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $17,179 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,844 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $41,864 | $48,064-12.9% | $78,778-46.9% | $69,631-39.9% |
| Participation rate | 44.5% | 61.6%-17.1pp | 69.2%-24.7pp | 70.7%-26.2pp |
| Annual return | 47.01% | 21.81%+25.2pp | 35.62%+11.4pp | 27571.02%-27524.0pp |
| Employer contribution / active EE | $241 | $744-67.6% | $1,986-87.9% | $2,032-88.2% |
| Participant deferral / active EE | $2,045 | $2,079-1.7% | $2,958-30.9% | $3,224-36.6% |
| Admin fee / account holder | $14 | $152-90.9% | $5,134-99.7% | $110-87.5% |