Filed June 26, 2024
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| Provider | Service type | Compensation |
|---|---|---|
EDWARD JONES1 year Filed as: EDWARD D JONES & CO L P Service code 53 · EIN 43-0345811 | Insurance Commissions | $20,593 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $15,041 |
RANDALL & HURLEY, INC.1 year Filed as: RANDALL & HURLEY INC. Service code 13 · EIN 91-1661080 | Contract Administrator | $5,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,425 | $46,732-58.4% | $156,551-87.6% | $55,167-64.8% |
| Participation rate | 55.1% | 65.8%-10.7pp | 84.0%-28.9pp | 69.0%-13.9pp |
| Annual return | 22.39% | 17.72%+4.7pp | 32.23%-9.8pp | 169.23%-146.8pp |
| Employer contribution / active EE | $767 | $2,105-63.6% | $5,501-86.1% | $1,963-60.9% |
| Participant deferral / active EE | $2,734 | $2,204+24.1% | $4,871-43.9% | $3,054-10.5% |
| Admin fee / account holder | $125 | $418-70.0% | $13,028-99.0% | $504-75.1% |