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| Provider | Service type | Compensation |
|---|---|---|
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES FINANCIAL SERVICES IN Service code 49 · EIN 59-1531281 | Other Services | $51,653 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $24,446 |
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 49 · EIN 59-1199408 | Other Services | $15,177 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $69,818 | $96,458-27.6% | $136,298-48.8% | $77,958-10.4% |
| Participation rate | 88.7% | 75.4%+13.3pp | 81.9%+6.8pp | 71.6%+17.0pp |
| Annual return | 19.47% | 23.78%-4.3pp | 5156.27%-5136.8pp | 20.87%-1.4pp |
| Employer contribution / active EE | $39 | $3,144-98.7% | $4,696-99.2% | $2,310-98.3% |
| Participant deferral / active EE | $8,416 | $5,902+42.6% | $6,247+34.7% | $3,537+138.0% |
| Admin fee / account holder | $16 | $80-80.2% | $9,244-99.8% | $97-83.7% |