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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL11+ years Service code 37 · EIN 04-2647786 | Loan Processing | $83,502 |
REGIONS BANK11+ years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $45,581 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,279 | $71,964-63.5% | $167,512-84.3% | $85,563-69.3% |
| Participation rate | 77.3% | 61.0%+16.3pp | 77.1%+0.2pp | 66.0%+11.3pp |
| Annual return | 15.09% | 18.83%-3.7pp | 1615.79%-1600.7pp | 31.51%-16.4pp |
| Employer contribution / active EE | $0 | $1,875-100.0% | $3,882-100.0% | $2,654-100.0% |
| Participant deferral / active EE | $2,029 | $4,110-50.6% | $6,405-68.3% | $4,375-53.6% |
| Admin fee / account holder | $216 | $815-73.5% | $9,769-97.8% | $834-74.1% |