Filed December 11, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK3+ years Filed as: REGIONS BANK DBA REGIONS TRUST Service code 15 · EIN 63-0371391 | Recordkeeping | $35,119 |
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $16,625 |
ADP BROKER-DEALER3+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $113,903 | $52,639+116.4% | $185,117-38.5% | $62,293+82.9% |
| Participation rate | 89.3% | 63.9%+25.4pp | 77.3%+12.0pp | 69.5%+19.7pp |
| Annual return | 19.44% | 19.57%-0.1pp | 40.50%-21.1pp | 28.90%-9.5pp |
| Employer contribution / active EE | $2,714 | $1,483+83.1% | $4,182-35.1% | $2,042+32.9% |
| Participant deferral / active EE | $8,544 | $3,097+175.9% | $5,045+69.4% | $3,169+169.6% |
| Admin fee / account holder | $322 | $374-13.9% | $8,159-96.1% | $479-32.9% |