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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $81,756 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $48,769 |
NOVA 401(K) ASSOCIATES2 years Service code 49 · EIN 20-1181458 | Other Services | $12,494 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,448 | $55,472+142.4% | $155,567-13.6% | $74,546+80.4% |
| Participation rate | 83.1% | 61.9%+21.2pp | 78.2%+4.9pp | 67.2%+15.9pp |
| Annual return | 7.95% | 268.72%-260.8pp | 64.74%-56.8pp | 1366.03%-1358.1pp |
| Employer contribution / active EE | $9,059 | $2,269+299.3% | $4,674+93.8% | $2,624+245.2% |
| Participant deferral / active EE | $5,568 | $2,838+96.2% | $5,628-1.1% | $4,347+28.1% |
| Admin fee / account holder | $380 | $1,743-78.2% | $15,916-97.6% | $1,944-80.4% |