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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $665,548 |
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING Service code 16 · EIN 84-4519624 | Consulting | $52,500 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $24,163 |
LBMC, PC2 years Filed as: LBMC Service code 10 · EIN 62-1199757 | Accounting | $17,000 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,999 | $73,283-67.3% | $155,556-84.6% | $106,553-77.5% |
| Participation rate | 72.6% | 73.3%-0.7pp | 78.2%-5.6pp | 69.8%+2.8pp |
| Annual return | 13.88% | 15.76%-1.9pp | 64.84%-51.0pp | 17.37%-3.5pp |
| Employer contribution / active EE | $470 | $2,241-79.0% | $4,675-89.9% | $3,359-86.0% |
| Participant deferral / active EE | $3,551 | $4,567-22.2% | $5,631-36.9% | $5,562-36.2% |
| Admin fee / account holder | $64 | $56+14.4% | $15,885-99.6% | $80-19.7% |