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| Provider | Service type | Compensation |
|---|---|---|
FULTON FINANCIAL ADVISORS3 years Filed as: FULTON BANK N.A. Service code 15 · EIN 23-1928421 | Recordkeeping | $15,629 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $22,732 | $73,009-68.9% | $90,760-75.0% | $68,486-66.8% |
| Participation rate | 60.0% | 70.8%-10.8pp | 75.7%-15.7pp | 67.9%-7.9pp |
| Annual return | -12.17% | -13.81%+1.6pp | -12.16%0pp | -7.85%-4.3pp |
| Employer contribution / active EE | $592 | $2,193-73.0% | $2,922-79.7% | $2,597-77.2% |
| Participant deferral / active EE | $1,890 | $3,626-47.9% | $4,565-58.6% | $4,028-53.1% |
| Admin fee / account holder | $193 | $5,896-96.7% | $8,444-97.7% | $5,404-96.4% |