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| Provider | Service type | Compensation |
|---|---|---|
SECURIAN FINANCIAL SERVICES INC2+ years Service code 55 · EIN 41-1486060 | Other Commissions | $7,672 |
Service code 37 · EIN 04-2647786 | Loan Processing | $794 |
NATIONAL FINANCIAL SERVICES2+ years Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 61 · EIN 04-3523567 | Finders' fees / placement fees | $160 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,454 | $60,165-77.6% | $74,184-81.9% | $55,167-75.6% |
| Participation rate | 77.7% | 74.2%+3.5pp | 76.6%+1.1pp | 69.0%+8.7pp |
| Annual return | 40.23% | 10.00%+30.2pp | 17.74%+22.5pp | 169.23%-129.0pp |
| Employer contribution / active EE | $650 | $1,600-59.4% | $2,370-72.6% | $1,963-66.9% |
| Participant deferral / active EE | $2,148 | $2,973-27.7% | $3,550-39.5% | $3,054-29.7% |
| Admin fee / account holder | $4 | $419-99.1% | $5,586-99.9% | $504-99.3% |