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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 | Recordkeeping and information managem... | $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 | $91,760-38.7% | $156,181-64.0% | $67,986-17.3% |
| Participation rate | 97.4% | 65.0%+32.4pp | 78.8%+18.5pp | 57.2%+40.2pp |
| Annual return | 11.08% | 18.14%-7.1pp | 64.87%-53.8pp | 31.67%-20.6pp |
| Employer contribution / active EE | $0 | $2,419-100.0% | $4,294-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $2,793 | $3,960-29.5% | $6,132-54.5% | $3,358-16.8% |
| Admin fee / account holder | $382 | $3,949-90.3% | $14,586-97.4% | $3,203-88.1% |