Filed September 9, 1996
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
REGIONS BANK2 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $8,900 |
Service code 37 · EIN 04-2647786 | Loan Processing | $8,424 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,745 | $35,949+77.3% | $88,538-28.0% | $65,185-2.2% |
| Participation rate | 48.1% | 56.4%-8.3pp | 68.7%-20.7pp | 70.2%-22.1pp |
| Annual return | 28.72% | 47.52%-18.8pp | 43.64%-14.9pp | 29.38%-0.7pp |
| Employer contribution / active EE | $0 | $1,047-100.0% | $2,098-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $1,759 | $1,870-5.9% | $2,914-39.6% | $3,514-49.9% |
| Admin fee / account holder | $262 | $496-47.1% | $4,310-93.9% | $847-69.0% |