Filed May 25, 2021 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIFTH THIRD BANK Service code 15 · EIN 31-0676865 | Recordkeeping | $31,638 |
MITCHELL SEROTA & ASSOC.1 year Service code 11 · EIN 36-3266006 | Actuarial | $15,000 |
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Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $0 | $202,366-100.0% | $143,222-100.0% | $254,542-100.0% |
| Participation rate | 0.0% | 71.5%-71.5pp | 57.6%-57.6pp | 47.4%-47.4pp |
| Annual return | 1.98% | 8.49%-6.5pp | 8.97%-7.0pp | 12.16%-10.2pp |
| Employer contribution / active EE | $20,747 | $52,714-60.6% | $37,026-44.0% | $44,747-53.6% |
| Participant deferral / active EE | $0 | $981-100.0% | $1,023-100.0% | $170-100.0% |
| Admin fee / account holder | $0 | $2,444-100.0% | $2,546-100.0% | $17,640-100.0% |