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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $111,243 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 16 · EIN 35-2552359 | Consulting | $15,000 |
LPL FINANCIAL4+ years Filed as: CLEARPOINT FINANCIAL Service code 26 600 108TH AVE. NE · BELLEVUE, WA 98004 | Advisory (Participants) | $5,000 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,265 | $38,058-59.9% | $169,452-91.0% | $75,289-79.7% |
| Participation rate | 100.0% | 65.1%+34.9pp | 77.8%+22.2pp | 72.4%+27.6pp |
| Annual return | -6.21% | -2.88%-3.3pp | 1.83%-8.0pp | -0.04%-6.2pp |
| Employer contribution / active EE | $0 | $1,478-100.0% | $4,157-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $4,678 | $3,201+46.2% | $5,277-11.3% | $3,739+25.1% |
| Admin fee / account holder | $46 | $85-46.5% | $9,110-99.5% | $102-55.4% |