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| Provider | Service type | Compensation |
|---|---|---|
RENASANT BANK2 years Service code 21 209 TROY ST. · TUPELO, MS 38802 | Bank Trustee | $31,703 |
Filed as: EPIC RETIREMENT PLAN SERVICES, INC. Service code 15 · EIN 16-1450952 | Recordkeeping | $10,290 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $70,201 | $58,895+19.2% | $178,503-60.7% | $73,497-4.5% |
| Participation rate | 91.2% | 66.2%+24.9pp | 81.9%+9.2pp | 70.7%+20.5pp |
| Annual return | 9.56% | 24.86%-15.3pp | 151.12%-141.6pp | 28.51%-19.0pp |
| Employer contribution / active EE | $5,642 | $2,236+152.4% | $5,011+12.6% | $2,270+148.5% |
| Participant deferral / active EE | $3,905 | $2,567+52.1% | $5,202-24.9% | $3,740+4.4% |
| Admin fee / account holder | $707 | $400+76.5% | $13,987-94.9% | $513+37.7% |