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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 26 880 CARILLON PKWY · ST PETERSBURG, FL 33716 | Advisory (Participants) | $44,699 |
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 RETIREMENT PLAN SERVICES, ET9 · BUFFALO, NY 142010600 | Recordkeeping | $43,252 |
NOVA 401(K) ASSOCIATES7 years Filed as: NOVA 401 (K) ASSOCIATES Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $13,969 |
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 | $123,948 | $89,435+38.6% | $164,975-24.9% | $77,714+59.5% |
| Participation rate | 80.9% | 78.6%+2.3pp | 78.6%+2.3pp | 70.6%+10.3pp |
| Annual return | 15.50% | 28.82%-13.3pp | 70.12%-54.6pp | 31.26%-15.8pp |
| Employer contribution / active EE | $3,733 | $2,563+45.6% | $4,343-14.0% | $2,727+36.9% |
| Participant deferral / active EE | $4,563 | $4,901-6.9% | $6,033-24.4% | $4,649-1.9% |
| Admin fee / account holder | $437 | $340+28.8% | $12,688-96.6% | $433+1.0% |