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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK2 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $8,470 |
Service code 37 · EIN 04-2647786 | Loan Processing | $5,521 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $27,681 | $64,909-57.4% | $82,312-66.4% | $62,293-55.6% |
| Participation rate | 56.5% | 74.9%-18.3pp | 76.9%-20.4pp | 69.5%-13.0pp |
| Annual return | 26.09% | 21.18%+4.9pp | 25.88%+0.2pp | 28.90%-2.8pp |
| Employer contribution / active EE | $537 | $1,676-68.0% | $2,428-77.9% | $2,042-73.7% |
| Participant deferral / active EE | $1,569 | $3,103-49.5% | $3,706-57.7% | $3,169-50.5% |
| Admin fee / account holder | $173 | $440-60.7% | $5,608-96.9% | $479-64.0% |