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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 16 · EIN 04-3046611 | Consulting | $40,833 |
FGMK, LLC1 year Filed as: FGML, LLC Service code 10 · EIN 36-2929601 | Accounting | $18,694 |
Service code 37 · EIN 04-2647786 | Loan Processing | $354 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $187,204 | $55,437+237.7% | $155,534+20.4% | $74,459+151.4% |
| Participation rate | 90.1% | 61.9%+28.2pp | 78.2%+11.9pp | 67.2%+22.9pp |
| Annual return | 11.45% | 269.58%-258.1pp | 64.92%-53.5pp | 1369.70%-1358.3pp |
| Employer contribution / active EE | $7,114 | $2,266+213.9% | $4,675+52.2% | $2,626+170.9% |
| Participant deferral / active EE | $5,265 | $2,837+85.6% | $5,630-6.5% | $4,350+21.0% |
| Admin fee / account holder | $473 | $1,742-72.9% | $15,900-97.0% | $1,945-75.7% |