Filed April 12, 2022
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| Provider | Service type | Compensation |
|---|---|---|
PNC BANK, N.A.2 years Service code 25 · EIN 25-1211909 | Directed Trustee | $52,038 |
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 | $43,520 | $41,467+5.0% | $67,313-35.3% | $55,725-21.9% |
| Participation rate | 97.1% | 62.5%+34.6pp | 69.1%+28.0pp | 70.9%+26.2pp |
| Annual return | 8.49% | 0.82%+7.7pp | -4.08%+12.6pp | 244.93%-236.4pp |
| Employer contribution / active EE | $3,938 | $1,316+199.2% | $2,566+53.5% | $2,078+89.5% |
| Participant deferral / active EE | $2,696 | $2,399+12.4% | $3,568-24.4% | $3,356-19.6% |
| Admin fee / account holder | $123 | $102+20.5% | $4,507-97.3% | $115+6.8% |