Filed April 12, 2022
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| Provider | Service type | Compensation |
|---|---|---|
PNC BANK, N.A.4 years Service code 21 · EIN 25-1211909 | Bank Trustee | $60,000 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $46,764 | $51,288-8.8% | $81,991-43.0% | $73,412-36.3% |
| Participation rate | 92.4% | 64.0%+28.4pp | 69.3%+23.2pp | 72.2%+20.2pp |
| Annual return | 9.58% | 29.48%-19.9pp | 41.31%-31.7pp | 59.30%-49.7pp |
| Employer contribution / active EE | $3,500 | $1,487+135.4% | $2,498+40.1% | $2,234+56.7% |
| Participant deferral / active EE | $3,054 | $2,715+12.5% | $3,722-18.0% | $3,806-19.8% |
| Admin fee / account holder | $136 | $125+8.3% | $5,665-97.6% | $158-14.0% |