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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK3+ years Service code 15 · EIN 63-0371391 | Recordkeeping | $27,508 |
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $19,013 |
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 | $19,236 | $55,453-65.3% | $170,435-88.7% | $62,293-69.1% |
| Participation rate | 79.1% | 66.4%+12.7pp | 83.6%-4.5pp | 69.5%+9.6pp |
| Annual return | 18.77% | 21.38%-2.6pp | 205.94%-187.2pp | 28.90%-10.1pp |
| Employer contribution / active EE | $869 | $2,164-59.8% | $5,432-84.0% | $2,042-57.4% |
| Participant deferral / active EE | $4,199 | $2,303+82.3% | $4,939-15.0% | $3,169+32.5% |
| Admin fee / account holder | $201 | $455-55.7% | $13,881-98.5% | $479-58.0% |