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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 26 · EIN 59-1199408 PO BOX 23641 · ST. PETERSBURG, FL 33742 | Advisory (Participants) | $22,630 |
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $14,517 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,554 | $81,358-15.7% | $155,556-55.9% | $80,959-15.3% |
| Participation rate | 95.9% | 66.3%+29.7pp | 78.2%+17.7pp | 67.7%+28.3pp |
| Annual return | 24.04% | 33.39%-9.3pp | 64.84%-40.8pp | 35.67%-11.6pp |
| Employer contribution / active EE | $4,789 | $3,106+54.2% | $4,675+2.4% | $2,757+73.7% |
| Participant deferral / active EE | $3,631 | $3,455+5.1% | $5,631-35.5% | $4,300-15.6% |
| Admin fee / account holder | $323 | $7,994-96.0% | $15,885-98.0% | $6,925-95.3% |