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| Provider | Service type | Compensation |
|---|---|---|
ROLLINS FINANCIAL, INC.2 years Service code 51 · EIN 58-1876689 | Investment Mgmt Fees | $7,183 |
BB&T1 year Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $2,436 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $31,886 | $64,286-50.4% | $90,965-64.9% | $73,412-56.6% |
| Participation rate | 8.3% | 63.6%-55.3pp | 69.0%-60.7pp | 72.2%-63.9pp |
| Annual return | 24.63% | 21.46%+3.2pp | 134.57%-109.9pp | 59.30%-34.7pp |
| Employer contribution / active EE | $258 | $895-71.2% | $2,122-87.9% | $2,234-88.5% |
| Participant deferral / active EE | $515 | $2,453-79.0% | $3,373-84.7% | $3,806-86.5% |
| Admin fee / account holder | $267 | $287-6.9% | $5,960-95.5% | $158+69.2% |