Filed July 26, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
JANNEY MONTGOMERY SCOTT LLC2 years Filed as: JANNEY MONTGOMERY SCOTT, LLC Service code 26 1717 ARCH STREET · PHILADELPHIA, PA 19103 | Advisory (Participants) | $90,558 |
PAYCHEX, INC.7+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $5,060 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $183 | $105,209-99.8% | $159,495-99.9% | $85,852-99.8% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.8%+17.2pp | 69.3%+30.7pp |
| Annual return | -93.63% | 45.08%-138.7pp | 263.72%-357.3pp | 318.66%-412.3pp |
| Employer contribution / active EE | $31,581 | $3,319+851.4% | $4,831+553.7% | $2,566+1131.0% |
| Participant deferral / active EE | $75,231 | $5,946+1165.2% | $7,354+923.0% | $3,952+1803.4% |
| Admin fee / account holder | $1,992 | $6,935-71.3% | $10,804-81.6% | $6,261-68.2% |