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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 | $81,233-15.6% | $155,567-55.9% | $80,874-15.2% |
| Participation rate | 95.9% | 66.2%+29.7pp | 78.2%+17.7pp | 67.6%+28.3pp |
| Annual return | 24.04% | 33.33%-9.3pp | 64.74%-40.7pp | 35.62%-11.6pp |
| Employer contribution / active EE | $4,789 | $3,101+54.5% | $4,674+2.5% | $2,756+73.8% |
| Participant deferral / active EE | $3,631 | $3,452+5.2% | $5,628-35.5% | $4,297-15.5% |
| Admin fee / account holder | $323 | $7,998-96.0% | $15,916-98.0% | $6,935-95.3% |