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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL3 years Service code 26 · EIN 04-3046611 | Advisory (Participants) | $47,487 |
Service code 12 · EIN 47-0098400 | Participant loan processing; Direct p... | $15,341 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $1,810 |
Filed as: CHARLES SCHWAB TRUST BANK Service code 59 | Shareholder Servicing | $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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,211 | $95,904-41.4% | $173,730-67.6% | $64,340-12.6% |
| Participation rate | 97.4% | 60.6%+36.7pp | 79.6%+17.8pp | 55.2%+42.1pp |
| Annual return | 11.08% | 17.47%-6.4pp | 19.96%-8.9pp | 24.14%-13.1pp |
| Employer contribution / active EE | $0 | $2,323-100.0% | $4,577-100.0% | $1,862-100.0% |
| Participant deferral / active EE | $2,793 | $3,488-19.9% | $6,326-55.9% | $2,980-6.3% |
| Admin fee / account holder | $382 | $5,089-92.5% | $17,523-97.8% | $3,703-89.7% |