Filed June 29, 2022
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| Provider | Service type | Compensation |
|---|---|---|
JANNEY MONTGOMERY SCOTT LLC3 years Filed as: JANNEY MONTGOMERY SCOTT, LLC. Service code 26 6700 TOWER CIRCLE, SUITE 200 · FRANKLIN, TN 37067 | Advisory (Participants) | $225,548 |
Service code 15 300 E. JOPPA RD, SUITE 601 · TOWSON, MD 21286 | Recordkeeping | $89,266 |
Filed as: FIDELITY INVESTMENTS Service code 26 5214 MARYLAND WAY, SUITE 405 · BRENTWOOD, TN 37027 | Advisory (Participants) | $22,013 |
Filed as: CHARLES SCHWAB Service code 26 111 WALL STREET · NEW YORK, NY 10005 | Advisory (Participants) | $15,524 |
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 | $144,228 | $52,303+175.8% | $178,510-19.2% | $73,415+96.5% |
| Participation rate | 97.8% | 65.3%+32.5pp | 81.9%+15.9pp | 72.2%+25.6pp |
| Annual return | 15.25% | 34.76%-19.5pp | 151.13%-135.9pp | 59.30%-44.0pp |
| Employer contribution / active EE | $8,257 | $1,737+375.5% | $5,011+64.8% | $2,234+269.7% |
| Participant deferral / active EE | $5,275 | $2,334+126.0% | $5,202+1.4% | $3,806+38.6% |
| Admin fee / account holder | $409 | $127+221.4% | $13,988-97.1% | $158+159.2% |