Filed April 26, 2023
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| Provider | Service type | Compensation |
|---|---|---|
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING, INC Service code 26 5440 W 110TH STREET, SUITE 102 · OVERLAND PARK, KS 66211 | Advisory (Participants) | $54,347 |
Filed as: TPP RETIREMENT PLAN SPECIALISTS,LLC Service code 12 7300 COLLEGE BLVD., SUITE 400 · OVERLAND PARK, KS 66210 | Participant loan processing; Recordke... | $19,735 |
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 | $48,966 | $66,302-26.1% | $110,243-55.6% | $56,289-13.0% |
| Participation rate | 76.3% | 74.9%+1.4pp | 79.8%-3.6pp | 69.9%+6.4pp |
| Annual return | -4.68% | -1.18%-3.5pp | 314.76%-319.4pp | -9.96%+5.3pp |
| Employer contribution / active EE | $2,727 | $2,047+33.2% | $3,827-28.7% | $2,111+29.2% |
| Participant deferral / active EE | $3,491 | $3,381+3.2% | $4,672-25.3% | $3,350+4.2% |
| Admin fee / account holder | $483 | $698-30.8% | $8,548-94.3% | $521-7.2% |