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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LAKESIDE WEALTH MANAGEMENT GROUP Service code 27 3100 VILLAGE PT · CHESTERTON, IN 46304 | Advisory (Plan) | $25,540 |
Service code 12 · EIN 48-1205033 | Direct payment from the plan; Sub-tra... | $16,381 |
Filed as: CPI QUALFIED PLAN CONSULTANTS, INC Service code 12 | Sub-transfer agency fees; Direct paym... | $0 |
Filed as: CPI QUALIFIED PLAN CONSULTANT, INC Service code 12 | Direct payment from the plan; Claims ... | $0 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,380 | $47,977-5.4% | $154,108-70.6% | $56,289-19.4% |
| Participation rate | 100.0% | 66.2%+33.8pp | 83.0%+17.0pp | 69.9%+30.1pp |
| Annual return | -5.21% | 3.54%-8.7pp | 735.21%-740.4pp | -9.96%+4.8pp |
| Employer contribution / active EE | $1,626 | $2,169-25.0% | $5,298-69.3% | $2,111-23.0% |
| Participant deferral / active EE | $3,987 | $2,392+66.7% | $5,081-21.5% | $3,350+19.0% |
| Admin fee / account holder | $302 | $438-31.2% | $13,411-97.8% | $521-42.1% |