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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK1+ years Service code 21 · EIN 63-0371391 | Bank Trustee | $16,459 |
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $9,029 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $13,036 | $46,360-71.9% | $147,617-91.2% | $52,331-75.1% |
| Participation rate | 71.9% | 64.9%+7.0pp | 84.6%-12.7pp | 68.1%+3.8pp |
| Annual return | -3.78% | 1.62%-5.4pp | 61.98%-65.8pp | 4.54%-8.3pp |
| Employer contribution / active EE | $931 | $2,126-56.2% | $5,564-83.3% | $1,882-50.5% |
| Participant deferral / active EE | $3,393 | $2,258+50.3% | $4,895-30.7% | $3,022+12.3% |
| Admin fee / account holder | $148 | $766-80.6% | $11,612-98.7% | $592-75.0% |