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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 · EIN 59-1237041 | Advisory (Plan) | $22,757 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,832 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,023 | $51,045+121.4% | $70,515+60.3% | $71,457+58.2% |
| Participation rate | 54.2% | 59.4%-5.2pp | 68.3%-14.1pp | 67.9%-13.7pp |
| Annual return | 19.78% | 42.63%-22.9pp | 32.77%-13.0pp | 28.85%-9.1pp |
| Employer contribution / active EE | $0 | $1,790-100.0% | $2,973-100.0% | $2,588-100.0% |
| Participant deferral / active EE | $3,571 | $3,026+18.0% | $4,567-21.8% | $4,289-16.7% |
| Admin fee / account holder | $290 | $1,994-85.4% | $6,412-95.5% | $1,587-81.7% |