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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1 year Filed as: LPL FINANCIAL - RP COMPENSATIO Service code 15 PO BOX 502533 · SAN DIEGO, CA 92150 | Recordkeeping | $14,845 |
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $12,132 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $21,758 | $44,873-51.5% | $79,467-72.6% | $56,289-61.3% |
| Participation rate | 94.1% | 68.7%+25.4pp | 73.3%+20.8pp | 69.9%+24.3pp |
| Annual return | 2.04% | 0.81%+1.2pp | 718.30%-716.3pp | -9.96%+12.0pp |
| Employer contribution / active EE | $314 | $2,140-85.3% | $2,800-88.8% | $2,111-85.1% |
| Participant deferral / active EE | $2,002 | $2,746-27.1% | $3,704-45.9% | $3,350-40.2% |
| Admin fee / account holder | $285 | $418-32.0% | $5,104-94.4% | $521-45.4% |