Filed November 9, 2018
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL2 years Filed as: LPL FINANCIAL-RPCP Service code 27 · EIN 86-0702049 | Advisory (Plan) | $16,098 |
ASCENSUS LLC2 years Filed as: ASCENSUS CONSULTING Service code 13 · EIN 11-3665754 | Contract Administrator | $1,770 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $55,066 | $57,976-5.0% | $63,005-12.6% | $62,293-11.6% |
| Participation rate | 41.0% | 75.9%-34.9pp | 74.8%-33.8pp | 69.5%-28.5pp |
| Annual return | 15.79% | 17.54%-1.8pp | 87.59%-71.8pp | 28.90%-13.1pp |
| Employer contribution / active EE | $264 | $2,415-89.1% | $2,760-90.4% | $2,042-87.1% |
| Participant deferral / active EE | $2,570 | $2,956-13.0% | $3,329-22.8% | $3,169-18.9% |
| Admin fee / account holder | $234 | $276-15.1% | $3,599-93.5% | $479-51.2% |