Filed March 15, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $139,308 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 49 | Other Services | $54,878 |
Filed as: BENEFIT PLANS INC Service code 13 · EIN 47-0617162 | Contract Administrator | $47,116 |
LPL FINANCIAL1 year Service code 49 · EIN 95-2834236 | Other Services | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $60,193 | $241,850-75.1% | $102,412-41.2% | $199,960-69.9% |
| Participation rate | 44.9% | 78.3%-33.4pp | 74.5%-29.6pp | 72.0%-27.1pp |
| Annual return | 31.81% | 17.67%+14.1pp | 24.94%+6.9pp | 34.28%-2.5pp |
| Employer contribution / active EE | $1,458 | $4,253-65.7% | $3,870-62.3% | $3,036-52.0% |
| Participant deferral / active EE | $3,149 | $3,961-20.5% | $5,060-37.8% | $5,087-38.1% |
| Admin fee / account holder | $235 | $288-18.3% | $8,388-97.2% | $269-12.6% |