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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 · EIN 59-1237041 | Advisory (Participants) | $78,390 |
Filed as: JOHN HANCOCK LIFE INS CO Service code 15 · EIN 01-0233346 | Recordkeeping | $13,729 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported that benefits due were not provided when due.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,483 | $77,677-27.3% | $109,173-48.3% | $79,391-28.9% |
| Participation rate | 99.0% | 67.8%+31.2pp | 75.9%+23.1pp | 70.7%+28.3pp |
| Annual return | 14.42% | 23.44%-9.0pp | 25.75%-11.3pp | 116.88%-102.5pp |
| Employer contribution / active EE | $5,388 | $2,798+92.5% | $3,723+44.7% | $2,428+121.9% |
| Participant deferral / active EE | $1,237 | $3,517-64.8% | $4,654-73.4% | $4,046-69.4% |
| Admin fee / account holder | $547 | $732-25.4% | $6,755-91.9% | $627-12.8% |