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 BANK5 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $10,324 |
Service code 37 · EIN 04-2647786 | Loan Processing | $9,674 |
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.
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,185 | $28,601+141.9% | $71,735-3.6% | $66,914+3.4% |
| Participation rate | 43.5% | 56.7%-13.1pp | 62.3%-18.8pp | 69.8%-26.3pp |
| Annual return | -18.19% | -10.90%-7.3pp | 9.14%-27.3pp | 1.58%-19.8pp |
| Employer contribution / active EE | $0 | $1,104-100.0% | $1,704-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $2,059 | $1,912+7.7% | $2,658-22.5% | $4,237-51.4% |
| Admin fee / account holder | $351 | $506-30.7% | $3,974-91.2% | $593-40.9% |