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| Provider | Service type | Compensation |
|---|---|---|
RENASANT BANK4 years Service code 21 209 TROY ST · TUPELO, MS 38802 | Bank Trustee | $69,519 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $8,920 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,031 | $55,470-8.0% | $155,556-67.2% | $74,478-31.5% |
| Participation rate | 84.4% | 61.9%+22.5pp | 78.2%+6.2pp | 67.2%+17.2pp |
| Annual return | 12.19% | 269.80%-257.6pp | 64.84%-52.7pp | 1370.56%-1358.4pp |
| Employer contribution / active EE | $1,583 | $2,267-30.2% | $4,675-66.1% | $2,626-39.7% |
| Participant deferral / active EE | $6,192 | $2,838+118.2% | $5,631+10.0% | $4,350+42.3% |
| Admin fee / account holder | $357 | $1,744-79.5% | $15,885-97.8% | $1,946-81.7% |