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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) | $25,179 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $762 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $158,725 | $79,003+100.9% | $100,398+58.1% | $74,400+113.3% |
| Participation rate | 80.2% | 79.5%+0.7pp | 81.5%-1.4pp | 67.2%+12.9pp |
| Annual return | 15.48% | 20.62%-5.1pp | 49.32%-33.8pp | 1367.51%-1352.0pp |
| Employer contribution / active EE | $2,183 | $3,015-27.6% | $3,946-44.7% | $2,624-16.8% |
| Participant deferral / active EE | $7,142 | $7,752-7.9% | $8,084-11.7% | $4,348+64.2% |
| Admin fee / account holder | $549 | $1,331-58.7% | $7,893-93.0% | $1,944-71.7% |