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| Provider | Service type | Compensation |
|---|---|---|
SECURITIES AMERICA INC2 years Filed as: BB&T SECURITIES LLC Service code 15 901 EAST BYRD STREET · RICHMOND, VA 23219 | Recordkeeping | $13,606 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $12,293 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $5,997 | $88,122-93.2% | $141,197-95.8% | $67,582-91.1% |
| Participation rate | 88.0% | 76.5%+11.5pp | 82.5%+5.5pp | 71.3%+16.7pp |
| Annual return | 33.70% | 75.40%-41.7pp | 71.41%-37.7pp | 378.57%-344.9pp |
| Employer contribution / active EE | $767 | $3,224-76.2% | $4,736-83.8% | $2,148-64.3% |
| Participant deferral / active EE | $1,710 | $5,958-71.3% | $6,710-74.5% | $3,539-51.7% |
| Admin fee / account holder | $37 | $131-71.8% | $10,265-99.6% | $142-74.1% |