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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FULTON BANK N.A. Service code 15 · EIN 23-1928421 | Recordkeeping | $11,190 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,293 | $70,917-71.4% | $98,920-79.5% | $73,493-72.4% |
| Participation rate | 65.3% | 73.8%-8.5pp | 76.0%-10.7pp | 70.7%-5.3pp |
| Annual return | 15.85% | 34.18%-18.3pp | 196.47%-180.6pp | 28.51%-12.7pp |
| Employer contribution / active EE | $324 | $2,037-84.1% | $2,689-87.9% | $2,270-85.7% |
| Participant deferral / active EE | $1,923 | $3,501-45.1% | $4,245-54.7% | $3,740-48.6% |
| Admin fee / account holder | $117 | $535-78.2% | $6,643-98.2% | $513-77.3% |