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 BANK3 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $9,032 |
Service code 37 · EIN 04-2647786 | Loan Processing | $8,181 |
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.
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 | $63,515 | $38,075+66.8% | $93,406-32.0% | $73,488-13.6% |
| Participation rate | 45.7% | 56.7%-11.0pp | 66.8%-21.1pp | 70.7%-24.9pp |
| Annual return | 12.48% | 17.59%-5.1pp | 78.05%-65.6pp | 28.51%-16.0pp |
| Employer contribution / active EE | $0 | $1,117-100.0% | $2,075-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $1,964 | $2,012-2.4% | $3,126-37.2% | $3,740-47.5% |
| Admin fee / account holder | $269 | $351-23.4% | $5,230-94.9% | $513-47.6% |