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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 34-1723189 30275 BAINBRIDGE ROAD · SOLON, OH 44139 | Contract Administrator | $4,940 |
Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 · EIN 59-1237041 10883 PEARL ROAD, SUITE 302 · STRONGSVILLE, OH 44136 | Advisory (Participants) | $1,302 |
Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 211 MAIN STREET · SAN FRANCISCO, CA 94105 | Securities Custodian | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $104,662 | $42,772+144.7% | $87,502+19.6% | $55,167+89.7% |
| Participation rate | 85.3% | 66.5%+18.8pp | 73.8%+11.4pp | 69.0%+16.3pp |
| Annual return | 7.93% | 21.20%-13.3pp | 12.21%-4.3pp | 169.23%-161.3pp |
| Employer contribution / active EE | $3,754 | $1,277+194.0% | $2,550+47.2% | $1,963+91.3% |
| Participant deferral / active EE | $3,534 | $2,342+50.9% | $3,149+12.2% | $3,054+15.7% |
| Admin fee / account holder | $389 | $461-15.6% | $4,221-90.8% | $504-22.8% |