Filed April 8, 2024
Total covered: 326 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $57,208 |
REGIONS BANK6+ years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $30,438 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,344 | $56,152-65.6% | $185,823-89.6% | $73,409-73.6% |
| Participation rate | 78.0% | 67.6%+10.5pp | 78.0%0pp | 72.2%+5.9pp |
| Annual return | 14.33% | 17.59%-3.3pp | 35.95%-21.6pp | 59.29%-45.0pp |
| Employer contribution / active EE | $425 | $1,532-72.2% | $4,087-89.6% | $2,234-81.0% |
| Participant deferral / active EE | $1,700 | $3,659-53.5% | $5,632-69.8% | $3,805-55.3% |
| Admin fee / account holder | $147 | $132+11.6% | $9,500-98.4% | $158-6.7% |