Filed April 26, 2023
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| Provider | Service type | Compensation |
|---|---|---|
CREATIVE PLANNING LLC3 years Filed as: CREATIVE PLANNING, INC Service code 26 5440 W 110TH STREET, SUITE 102 · OVERLAND PARK, KS 66211 | Advisory (Participants) | $53,678 |
Filed as: TPP RETIREMENT PLAN SPECIALISTS,LLC Service code 12 7300 COLLEGE BLVD., SUITE 400 · OVERLAND PARK, KS 66210 | Distribution (12b-1) fees; Participan... | $21,799 |
SFW PARTNERS, LLC5+ years Service code 10 1610 DES PERES ROAD, SUITE 300 · ST. LOUIS, MO 63131 | Accounting | $2,884 |
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 | $60,816 | $86,341-29.6% | $125,192-51.4% | $65,185-6.7% |
| Participation rate | 81.2% | 75.3%+5.8pp | 79.8%+1.4pp | 70.2%+11.0pp |
| Annual return | 25.01% | 27.44%-2.4pp | 43.79%-18.8pp | 29.38%-4.4pp |
| Employer contribution / active EE | $2,745 | $2,040+34.6% | $3,866-29.0% | $2,177+26.1% |
| Participant deferral / active EE | $3,265 | $3,538-7.7% | $4,937-33.9% | $3,514-7.1% |
| Admin fee / account holder | $537 | $609-11.9% | $9,704-94.5% | $847-36.6% |