Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST CITIZENS BANK Service code 27 PO BOX 26592 · RALEIGH, NC 276116592 | Advisory (Plan) | $30,000 |
Service code 12 · EIN 48-1205033 | Claims processing; Direct payment fro... | $4,800 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $12,371 | $37,591-67.1% | $90,657-86.4% | $55,725-77.8% |
| Participation rate | 98.6% | 66.4%+32.3pp | 74.0%+24.6pp | 70.9%+27.8pp |
| Annual return | -4.51% | -3.20%-1.3pp | 1.89%-6.4pp | 244.93%-249.4pp |
| Employer contribution / active EE | $762 | $1,302-41.5% | $2,532-69.9% | $2,078-63.4% |
| Participant deferral / active EE | $1,398 | $2,643-47.1% | $3,424-59.2% | $3,356-58.3% |
| Admin fee / account holder | $44 | $100-56.5% | $4,994-99.1% | $115-62.2% |