Filed June 27, 2011
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK1+ years Service code 21 · EIN 63-6129301 | Bank Trustee | $37,737 |
PATTEN & PATTEN INC.1+ years Filed as: PATTEN & PATTEN, INC. Service code 28 520 LOOKOUT STREET · CHATTANOOGA, TN 37403 | Investment Management | $28,240 |
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 16 | Consulting | $20,905 |
WITHUMSMITH+BROWN, PC1+ years Filed as: TWEEDY, BROWNE COMPANY, LLC. Service code 28 · EIN 13-3381587 | Investment Management | $17,607 |
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 41-1246679 | Recordkeeping | $7,549 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $1,066,648 | $88,324+1107.7% | $115,038+827.2% | $55,191+1832.6% |
| Participation rate | 4.0% | 72.5%-68.6pp | 81.4%-77.4pp | 69.2%-65.2pp |
| Annual return | -2.65% | 6.30%-8.9pp | 26.14%-28.8pp | 10.78%-13.4pp |
| Employer contribution / active EE | $438 | $2,805-84.4% | $4,608-90.5% | $1,899-76.9% |
| Participant deferral / active EE | $542 | $5,042-89.2% | $6,026-91.0% | $3,046-82.2% |
| Admin fee / account holder | $7,254 | $105+6783.5% | $8,175-11.3% | $91+7890.8% |