Filed June 2, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE2+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COKUMBUS, OH 43215 | Recordkeeping | $10,496 |
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES FIN SERV ADVISORS Service code 27 · EIN 59-2937883 880 CARILLON PKWY · SAINT PETERSBURG, FL 33716 | Advisory (Plan) | $8,845 |
NEXUS ADMINISTRATORS, INC.2+ years Service code 13 · EIN 77-0586222 7525 NORTH CEDAR AVENUE SUITE 109 · FRESNO, CA 93720 | Contract Administrator | $1,610 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,470 | $63,768-74.2% | $98,483-83.3% | $79,391-79.3% |
| Participation rate | 62.9% | 69.9%-6.9pp | 73.3%-10.4pp | 70.7%-7.8pp |
| Annual return | 13.63% | 626.18%-612.6pp | 1494.38%-1480.8pp | 116.88%-103.3pp |
| Employer contribution / active EE | $114 | $2,558-95.6% | $2,961-96.2% | $2,428-95.3% |
| Participant deferral / active EE | $1,621 | $3,305-50.9% | $4,276-62.1% | $4,046-59.9% |
| Admin fee / account holder | $127 | $516-75.4% | $5,953-97.9% | $627-79.7% |