Filed June 29, 2022
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| Provider | Service type | Compensation |
|---|---|---|
JANNEY MONTGOMERY SCOTT LLC2 years Filed as: JANNEY MONTGOMERY SCOTT, LLC. Service code 26 6700 TOWER CIRCLE, SUITE 200 · FRANKLIN, TN 37067 | Advisory (Participants) | $177,021 |
Service code 15 300 E. JOPPA RD, SUITE 601 · TOWSON, MD 21286 | Recordkeeping | $80,786 |
Filed as: FIDELITY INVESTMENTS Service code 26 5214 MARYLAND WAY, SUITE 405 · BRENTWOOD, TN 37027 | Advisory (Participants) | $22,263 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,102 | $62,941+108.3% | $172,757-24.1% | $67,584+94.0% |
| Participation rate | 100.0% | 64.5%+35.5pp | 82.6%+17.4pp | 71.3%+28.7pp |
| Annual return | 22.51% | 30.36%-7.9pp | 803.06%-780.5pp | 378.59%-356.1pp |
| Employer contribution / active EE | $7,679 | $1,636+369.3% | $5,144+49.3% | $2,148+257.5% |
| Participant deferral / active EE | $4,978 | $2,145+132.0% | $5,198-4.2% | $3,540+40.6% |
| Admin fee / account holder | $332 | $167+99.2% | $13,956-97.6% | $142+133.3% |