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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $41,918 |
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES FSA Service code 26 · EIN 59-2937883 | Advisory (Participants) | $17,537 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $38,195 | $85,515-55.3% | $112,040-65.9% | $67,986-43.8% |
| Participation rate | 96.3% | 68.2%+28.1pp | 76.5%+19.8pp | 57.2%+39.1pp |
| Annual return | 18.51% | 29.68%-11.2pp | 24.52%-6.0pp | 31.67%-13.2pp |
| Employer contribution / active EE | $1,889 | $2,191-13.8% | $2,954-36.1% | $2,019-6.4% |
| Participant deferral / active EE | $7,299 | $4,014+81.8% | $5,098+43.2% | $3,358+117.4% |
| Admin fee / account holder | $362 | $3,774-90.4% | $12,098-97.0% | $3,203-88.7% |