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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIFTH THIRD BANK Service code 27 38 FOUNTAIN SQ PLZ · CINCINNATI, OH 45263 | Advisory (Plan) | $34,023 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,905 | $79,209+0.9% | $102,434-22.0% | $74,459+7.3% |
| Participation rate | 52.8% | 74.8%-22.0pp | 76.5%-23.7pp | 67.2%-14.4pp |
| Annual return | 15.60% | 54.98%-39.4pp | 29.46%-13.9pp | 1369.70%-1354.1pp |
| Employer contribution / active EE | $1,463 | $2,362-38.1% | $3,023-51.6% | $2,626-44.3% |
| Participant deferral / active EE | $3,860 | $4,417-12.6% | $5,055-23.6% | $4,350-11.3% |
| Admin fee / account holder | $258 | $2,002-87.1% | $9,462-97.3% | $1,945-86.7% |