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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES FSA INC. Service code 26 · EIN 59-2937883 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716 | Advisory (Participants) | $20,244 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $580 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,829 | $58,320+31.7% | $86,438-11.1% | $66,938+14.8% |
| Participation rate | 65.4% | 78.6%-13.2pp | 80.3%-14.9pp | 69.8%-4.4pp |
| Annual return | -16.24% | -9.71%-6.5pp | 4397.19%-4413.4pp | 1.58%-17.8pp |
| Employer contribution / active EE | $1,761 | $2,615-32.7% | $3,769-53.3% | $2,545-30.8% |
| Participant deferral / active EE | $5,497 | $6,899-20.3% | $6,952-20.9% | $4,238+29.7% |
| Admin fee / account holder | $403 | $546-26.2% | $6,733-94.0% | $594-32.1% |