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| Provider | Service type | Compensation |
|---|---|---|
HUNTINGTON NATIONAL BANK1 year Filed as: HUNTINGTON NATIONAL BANK / RPS Service code 26 519 MADISON AVE · TOLEDO, OH 43604 | Advisory (Participants) | $10,346 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,801 | $69,012-52.5% | $160,009-79.5% | $68,486-52.1% |
| Participation rate | 38.0% | 65.4%-27.4pp | 78.0%-39.9pp | 67.9%-29.8pp |
| Annual return | -17.97% | -9.65%-8.3pp | 408.85%-426.8pp | -7.85%-10.1pp |
| Employer contribution / active EE | $998 | $2,212-54.9% | $4,225-76.4% | $2,597-61.6% |
| Participant deferral / active EE | $2,401 | $4,212-43.0% | $6,183-61.2% | $4,028-40.4% |
| Admin fee / account holder | $297 | $4,798-93.8% | $8,715-96.6% | $5,404-94.5% |