Filed April 16, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $52,013 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $22,154 |
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 | $60,327 | $57,073+5.7% | $85,126-29.1% | $80,925-25.5% |
| Participation rate | 89.6% | 56.4%+33.2pp | 67.5%+22.1pp | 67.7%+22.0pp |
| Annual return | 12.31% | 21.69%-9.4pp | 66.63%-54.3pp | 35.65%-23.3pp |
| Employer contribution / active EE | $3,195 | $1,801+77.5% | $2,731+17.0% | $2,756+15.9% |
| Participant deferral / active EE | $4,260 | $3,113+36.8% | $4,523-5.8% | $4,299-0.9% |
| Admin fee / account holder | $359 | $4,988-92.8% | $6,160-94.2% | $6,940-94.8% |