Filed April 26, 2023
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| Provider | Service type | Compensation |
|---|---|---|
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING, INC Service code 26 5440 W 110TH STREET, SUITE 102 · OVERLAND PARK, KS 66211 | Advisory (Participants) | $48,788 |
Filed as: TPP RETIREMENT PLAN SPECIALISTS,LLC Service code 12 10801 MASTIN BLVD., SUITE 700 · OVERLAND PARK, KS 66210 | Account maintenance fees; Participant... | $18,930 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $61,495 | $71,192-13.6% | $117,861-47.8% | $62,293-1.3% |
| Participation rate | 83.8% | 74.2%+9.6pp | 79.7%+4.1pp | 69.5%+14.3pp |
| Annual return | 15.82% | 18.66%-2.8pp | 335.11%-319.3pp | 28.90%-13.1pp |
| Employer contribution / active EE | $2,895 | $1,934+49.7% | $3,786-23.5% | $2,042+41.8% |
| Participant deferral / active EE | $3,877 | $3,189+21.6% | $4,482-13.5% | $3,169+22.3% |
| Admin fee / account holder | $481 | $587-18.1% | $8,021-94.0% | $479+0.3% |