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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RAYMOND JAMES FSA INC Service code 26 · EIN 59-2937883 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716 | Advisory (Participants) | $38,695 |
PROFESSIONAL BENEFIT SERVICES8+ years Service code 49 · EIN 93-0998477 1193 ROYVONNE SE, SUITE 22 · SALEM, OR 97302 | Other Services | $8,670 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $6,148 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,919 | $86,897-57.5% | $151,639-75.7% | $64,819-43.0% |
| Participation rate | 53.8% | 87.3%-33.5pp | 87.5%-33.7pp | 71.5%-17.7pp |
| Annual return | -15.89% | -3.57%-12.3pp | 3.34%-19.2pp | 32.84%-48.7pp |
| Employer contribution / active EE | $2,575 | $4,010-35.8% | $6,165-58.2% | $2,507+2.7% |
| Participant deferral / active EE | $3,221 | $6,690-51.9% | $8,363-61.5% | $4,311-25.3% |
| Admin fee / account holder | $134 | $153-12.4% | $11,613-98.8% | $188-28.6% |