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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK6+ years Service code 15 · EIN 63-0371391 | Recordkeeping | $38,849 |
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $23,226 |
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 | $29,971 | $58,888-49.1% | $178,499-83.2% | $73,493-59.2% |
| Participation rate | 74.5% | 66.2%+8.3pp | 81.9%-7.4pp | 70.7%+3.8pp |
| Annual return | 14.36% | 24.86%-10.5pp | 151.10%-136.7pp | 28.51%-14.2pp |
| Employer contribution / active EE | $1,498 | $2,236-33.0% | $5,011-70.1% | $2,270-34.0% |
| Participant deferral / active EE | $4,200 | $2,568+63.6% | $5,202-19.3% | $3,740+12.3% |
| Admin fee / account holder | $282 | $400-29.5% | $13,986-98.0% | $513-45.0% |