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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL4 years Filed as: LPL FINANCIAL CORPORATION Service code 55 · EIN 04-3046611 | Other Commissions | $43,877 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $10,970 |
NOVA 401(K) ASSOCIATES4 years Service code 49 10777 NORTHWEST FWY · HOUSTON, TX 77092 | Other Services | $9,208 |
LPL FINANCIAL1 year Service code 55 · EIN 04-3046611 | Other Commissions | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,812 | $88,360+20.9% | $145,433-26.6% | $67,986+57.1% |
| Participation rate | 100.0% | 65.5%+34.5pp | 82.1%+17.9pp | 57.2%+42.8pp |
| Annual return | 14.19% | 63.15%-49.0pp | 66.58%-52.4pp | 31.67%-17.5pp |
| Employer contribution / active EE | $10,307 | $3,054+237.5% | $4,554+126.3% | $2,019+410.6% |
| Participant deferral / active EE | $14,550 | $5,932+145.3% | $7,897+84.2% | $3,358+333.3% |
| Admin fee / account holder | $361 | $3,313-89.1% | $13,129-97.3% | $3,203-88.7% |