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| Provider | Service type | Compensation |
|---|---|---|
EDWARD JONES3 years Filed as: EDWARD D. JONES & CO., L.P. Service code 26 · EIN 43-0345811 | Advisory (Participants) | $14,079 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $44,633 | $89,652-50.2% | $141,197-68.4% | $65,186-31.5% |
| Participation rate | 32.6% | 74.7%-42.1pp | 82.5%-49.9pp | 70.2%-37.6pp |
| Annual return | 27.14% | 32.79%-5.7pp | 71.41%-44.3pp | 29.39%-2.2pp |
| Employer contribution / active EE | $1,128 | $3,065-63.2% | $4,736-76.2% | $2,177-48.2% |
| Participant deferral / active EE | $1,555 | $5,691-72.7% | $6,710-76.8% | $3,514-55.7% |
| Admin fee / account holder | $9 | $569-98.4% | $10,265-99.9% | $847-98.9% |