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| Provider | Service type | Compensation |
|---|---|---|
MARINER LLC1 year Filed as: MARINER WEALTH ADVISORS, LLC Service code 26 · EIN 20-4553256 5700 W. 112TH STREET · OVERLAND PARK, KS 66211 | Advisory (Participants) | $6,502 |
Filed as: RAYMOND JAMES INSURANCE GROUP, INC Service code 26 · EIN 59-1237041 800 CARILLON PARKWAY · ST. PETERSBURG, FL 33716 | Advisory (Participants) | $922 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $315 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,354 | $58,895-33.2% | $178,503-78.0% | $73,497-46.5% |
| Participation rate | 38.2% | 66.2%-28.1pp | 81.9%-43.8pp | 70.7%-32.5pp |
| Annual return | 14.28% | 24.86%-10.6pp | 151.12%-136.8pp | 28.51%-14.2pp |
| Employer contribution / active EE | $1,017 | $2,236-54.5% | $5,011-79.7% | $2,270-55.2% |
| Participant deferral / active EE | $1,989 | $2,567-22.5% | $5,202-61.8% | $3,740-46.8% |
| Admin fee / account holder | $393 | $400-1.8% | $13,987-97.2% | $513-23.4% |