Filed January 17, 2020 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Sales loads (front end and deferred);... | $481,739 |
Filed as: KESTRA ADVISORY SERVICES LLC Service code 16 · EIN 87-0462192 | Consulting | $155,625 |
Service code 10 · EIN 43-1947695 | Accounting | $39,000 |
NATIONAL FINANCIAL SERVICES2 years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,274 | $113,699-75.1% | $70,492-59.9% | $93,223-69.7% |
| Participation rate | 100.0% | 77.8%+22.2pp | 75.1%+24.9pp | 74.9%+25.1pp |
| Annual return | 17.00% | 14.93%+2.1pp | 109.16%-92.2pp | 19.29%-2.3pp |
| Employer contribution / active EE | $3,105 | $3,991-22.2% | $2,738+13.4% | $2,680+15.9% |
| Participant deferral / active EE | $3,155 | $4,485-29.7% | $3,711-15.0% | $4,563-30.9% |
| Admin fee / account holder | $68 | $40+69.6% | $3,848-98.2% | $79-13.5% |