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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK1 year Service code 27 · EIN 63-0371391 | Advisory (Plan) | $33,528 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$276 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $101,062 | $72,404+39.6% | $110,243-8.3% | $64,173+57.5% |
| Participation rate | 98.8% | 73.3%+25.5pp | 79.8%+19.0pp | 69.6%+29.3pp |
| Annual return | -5.36% | -6.29%+0.9pp | 314.76%-320.1pp | 7.63%-13.0pp |
| Employer contribution / active EE | $6,284 | $2,282+175.4% | $3,827+64.2% | $2,381+164.0% |
| Participant deferral / active EE | $5,961 | $3,469+71.8% | $4,672+27.6% | $3,470+71.8% |
| Admin fee / account holder | $323 | $5,664-94.3% | $8,548-96.2% | $4,887-93.4% |