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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES & ASSOCIATES, INC Service code 27 880 CARILLON PARKWAY · ST PETERSBURG, FL 33716 | Advisory (Plan) | $20,879 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $16,129 |
ERP RETIREMENT SERVICES1 year Filed as: ERP NASHVILLE, LLC Service code 13 · EIN 20-4100804 135 PINELAWN RD STE 240 N · MELVILLE, NY 11747 | Contract Administrator | $2,850 |
ERP RETIREMENT SERVICES2 years Filed as: ERP NASHVILLE LLC Service code 13 | Contract Administrator | $2,088 |
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 | $49,872 | $65,453-23.8% | $86,698-42.5% | $66,938-25.5% |
| Participation rate | 62.1% | 75.5%-13.4pp | 76.6%-14.5pp | 69.8%-7.7pp |
| Annual return | -17.45% | -10.89%-6.6pp | 35.95%-53.4pp | 1.58%-19.0pp |
| Employer contribution / active EE | $2,851 | $2,154+32.4% | $2,837+0.5% | $2,545+12.0% |
| Participant deferral / active EE | $3,653 | $4,102-10.9% | $4,656-21.5% | $4,238-13.8% |
| Admin fee / account holder | $463 | $642-27.8% | $7,493-93.8% | $594-21.9% |