Filed November 12, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES FSA INC. Service code 26 · EIN 59-2937883 | Advisory (Participants) | $34,669 |
Service code 13 · EIN 27-2487837 1110 N. MOUNTAIN RD · HARRISBURG, PA 17112 | Contract Administrator | $22,768 |
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $7,276 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,923 | $78,419+9.6% | $133,956-35.9% | $73,409+17.0% |
| Participation rate | 62.5% | 78.6%-16.1pp | 79.8%-17.3pp | 72.2%-9.7pp |
| Annual return | 18.94% | 33.35%-14.4pp | 45.09%-26.2pp | 59.29%-40.4pp |
| Employer contribution / active EE | $711 | $2,044-65.2% | $3,919-81.9% | $2,234-68.2% |
| Participant deferral / active EE | $3,438 | $3,925-12.4% | $5,048-31.9% | $3,805-9.7% |
| Admin fee / account holder | $405 | $161+151.2% | $8,927-95.5% | $158+156.7% |