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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES FSA INC Service code 22 · EIN 59-2937883 | Insurance Broker | $10,180 |
PROFESSIONAL BENEFIT SERVICES6+ years Service code 49 · EIN 93-0998477 1193 ROYVONNE SE, SUITE 22 · SALEM, OR 97302 | Other Services | $4,845 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $800 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,777 | $111,608-59.0% | $177,848-74.3% | $73,412-37.6% |
| Participation rate | 50.4% | 87.9%-37.4pp | 87.7%-37.3pp | 72.2%-21.8pp |
| Annual return | 16.60% | 18.23%-1.6pp | 48.33%-31.7pp | 59.30%-42.7pp |
| Employer contribution / active EE | $2,669 | $3,796-29.7% | $5,919-54.9% | $2,234+19.5% |
| Participant deferral / active EE | $3,950 | $6,199-36.3% | $7,714-48.8% | $3,806+3.8% |
| Admin fee / account holder | $45 | $166-72.7% | $12,431-99.6% | $158-71.4% |