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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL4 years Filed as: LPL FINANCIAL LLC - RPCP Service code 26 · EIN 04-3046611 | Advisory (Participants) | $40,243 |
MIDWEST GROUP BENEFITS, INC.2 years Service code 99 · EIN 61-1440646 | Other Fees | $7,389 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,835 | $77,677-10.1% | $109,173-36.0% | $79,391-12.0% |
| Participation rate | 96.8% | 67.8%+28.9pp | 75.9%+20.9pp | 70.7%+26.0pp |
| Annual return | 13.23% | 23.44%-10.2pp | 25.75%-12.5pp | 116.88%-103.7pp |
| Employer contribution / active EE | $541 | $2,798-80.7% | $3,723-85.5% | $2,428-77.7% |
| Participant deferral / active EE | $4,253 | $3,517+20.9% | $4,654-8.6% | $4,046+5.1% |
| Admin fee / account holder | $405 | $732-44.7% | $6,755-94.0% | $627-35.3% |