Filed April 26, 2023
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| Provider | Service type | Compensation |
|---|---|---|
CREATIVE PLANNING LLC4 years Filed as: CREATIVE PLANNING, INC Service code 26 5440 W 110TH STREET, SUITE 102 · OVERLAND PARK, KS 66211 | Advisory (Participants) | $61,460 |
Filed as: TPP RETIREMENT PLAN SPECIALISTS,LLC Service code 15 7300 COLLEGE BLVD., SUITE 400 · OVERLAND PARK, KS 66210 | Recordkeeping | $23,805 |
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 | $59,833 | $81,494-26.6% | $133,978-55.3% | $73,497-18.6% |
| Participation rate | 82.4% | 76.4%+6.1pp | 79.8%+2.6pp | 70.7%+11.8pp |
| Annual return | 14.76% | 19.40%-4.6pp | 45.10%-30.3pp | 28.51%-13.8pp |
| Employer contribution / active EE | $2,754 | $2,210+24.6% | $3,919-29.7% | $2,270+21.3% |
| Participant deferral / active EE | $3,217 | $3,787-15.1% | $5,047-36.3% | $3,740-14.0% |
| Admin fee / account holder | $475 | $713-33.4% | $8,930-94.7% | $513-7.4% |