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| Provider | Service type | Compensation |
|---|---|---|
RENSANT BANK7 years Service code 21 209 TROY ST · TUPELO, MS 38802 | Bank Trustee | $113,064 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $1,271 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $158,216 | $61,789+156.1% | $97,167+62.8% | $80,874+95.6% |
| Participation rate | 99.0% | 63.5%+35.5pp | 72.7%+26.3pp | 67.6%+31.3pp |
| Annual return | 11.07% | -557.90%+569.0pp | 75.27%-64.2pp | 35.62%-24.5pp |
| Employer contribution / active EE | $4,167 | $1,837+126.9% | $2,729+52.7% | $2,756+51.2% |
| Participant deferral / active EE | $5,577 | $3,028+84.1% | $4,264+30.8% | $4,297+29.8% |
| Admin fee / account holder | $877 | $5,168-83.0% | $5,650-84.5% | $6,935-87.4% |