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| Provider | Service type | Compensation |
|---|---|---|
CARR, RIGGS & INGRAM, LLC5+ years Filed as: CARR, RIGGS & INGRAM Service code 49 7550 HALCYON SUMMIT DRIVE · MONTGOMERY, AL 36117 | Other Services | $12,500 |
Service code 34 7050 FAIN PARK DRIVE, SUITE 12 · MONTGOMERY, AL 361240098 | Participant communication; Distributi... | $8,249 |
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $6,392 |
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.
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).
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 | $27,810 | $85,169-67.3% | $172,755-83.9% | $72,983-61.9% |
| Participation rate | 20.0% | 70.1%-50.1pp | 82.6%-62.6pp | 69.5%-49.5pp |
| Annual return | 8.84% | 27.32%-18.5pp | 802.94%-794.1pp | 81.01%-72.2pp |
| Employer contribution / active EE | $432 | $3,324-87.0% | $5,144-91.6% | $2,440-82.3% |
| Participant deferral / active EE | $646 | $3,260-80.2% | $5,198-87.6% | $3,608-82.1% |
| Admin fee / account holder | $0 | $5,880-100.0% | $13,955-100.0% | $5,124-100.0% |