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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES Service code 26 · EIN 59-1237041 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716 | Advisory (Participants) | $43,868 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 880 CARILLON PKWY · ST PETERSBURG, FL 33716 | Recordkeeping | $709 |
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).
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $122,740 | $61,166+100.7% | $185,849-34.0% | $79,391+54.6% |
| Participation rate | 100.0% | 66.6%+33.4pp | 81.7%+18.3pp | 70.7%+29.3pp |
| Annual return | 27.78% | 19.45%+8.3pp | 122.10%-94.3pp | 116.88%-89.1pp |
| Employer contribution / active EE | $2,603 | $2,321+12.1% | $5,169-49.6% | $2,428+7.2% |
| Participant deferral / active EE | $6,834 | $2,789+145.1% | $5,569+22.7% | $4,046+68.9% |
| Admin fee / account holder | $360 | $710-49.3% | $16,244-97.8% | $627-42.5% |