Filed April 8, 2024
Total covered: 326 employees
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| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $49,994 |
REGIONS BANK10+ years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $37,985 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,784 | $62,686-65.2% | $178,505-87.8% | $77,762-72.0% |
| Participation rate | 77.0% | 66.9%+10.1pp | 77.1%-0.1pp | 70.6%+6.4pp |
| Annual return | 13.87% | 16.16%-2.3pp | 27.16%-13.3pp | 31.27%-17.4pp |
| Employer contribution / active EE | $0 | $1,914-100.0% | $3,955-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $1,921 | $4,224-54.5% | $6,280-69.4% | $4,651-58.7% |
| Admin fee / account holder | $142 | $386-63.3% | $10,428-98.6% | $433-67.3% |