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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1+ years Filed as: CLEARPOINT FINANCIAL Service code 26 600 108TH AVE. NE · BELLEVUE, WA 98004 | Advisory (Participants) | $23,605 |
Service code 12 · EIN 84-1477138 | Participant loan processing; Particip... | $5,675 |
NEWPORT GROUP, INC.1+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Custodial (other than securities); Tr... | $1,700 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,882 | $36,978-70.6% | $155,789-93.0% | $59,188-81.6% |
| Participation rate | 80.3% | 62.7%+17.6pp | 76.1%+4.2pp | 69.4%+10.9pp |
| Annual return | 1.83% | 5.44%-3.6pp | 71.54%-69.7pp | 5.51%-3.7pp |
| Employer contribution / active EE | $0 | $1,222-100.0% | $3,839-100.0% | $2,098-100.0% |
| Participant deferral / active EE | $3,704 | $2,795+32.5% | $4,798-22.8% | $3,265+13.5% |
| Admin fee / account holder | $23 | $65-65.4% | $7,477-99.7% | $92-75.6% |