Filed April 30, 2018 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PNC BANK, N.A.1+ years Service code 25 · EIN 25-1211909 | Directed Trustee | $1,125 |
PNC BANK, N.A.1+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 59 | Shareholder Servicing | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,379 | $37,117-20.8% | $147,618-80.1% | $55,191-46.8% |
| Participation rate | 78.6% | 63.6%+15.0pp | 84.6%-6.0pp | 69.2%+9.5pp |
| Annual return | -0.85% | 3.44%-4.3pp | 61.98%-62.8pp | 10.78%-11.6pp |
| Employer contribution / active EE | $13 | $1,620-99.2% | $5,565-99.8% | $1,899-99.3% |
| Participant deferral / active EE | $3,358 | $1,985+69.1% | $4,895-31.4% | $3,046+10.2% |
| Admin fee / account holder | $3 | $86-96.9% | $11,612-100.0% | $91-97.0% |