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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $19,439 |
LPL FINANCIAL6 years Service code 22 | Insurance Broker | $7,489 |
LPL FINANCIAL6 years Filed as: LPL FINANCIAL CORPORATION Service code 22 · EIN 95-2834236 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $11,662 | $41,151-71.7% | $80,648-85.5% | $71,529-83.7% |
| Participation rate | 61.4% | 50.2%+11.1pp | 67.0%-5.6pp | 67.9%-6.6pp |
| Annual return | 17.39% | 38.49%-21.1pp | 937.21%-919.8pp | 28.97%-11.6pp |
| Employer contribution / active EE | $86 | $1,513-94.3% | $2,724-96.8% | $2,590-96.7% |
| Participant deferral / active EE | $1,918 | $2,700-29.0% | $4,443-56.8% | $4,291-55.3% |
| Admin fee / account holder | $119 | $1,842-93.6% | $5,382-97.8% | $1,588-92.5% |