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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK2+ years Service code 21 · EIN 62-1194889 333 TEXAS · SHREVEPORT, LA 71101 | Bank Trustee | $279,270 |
Service code 64 · EIN 72-0684309 2020 E. 70TH ST. · SHREVEPORT, LA 71105 | Recordkeeping Fees | $18,025 |
Filed as: HEARD, MCELROY AND VESTAL Service code 10 333 TEXAS ST. · SHREVEORT, LA 71101 | Accounting | $8,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $199,396 | $36,916+440.1% | $156,551+27.4% | $57,658+245.8% |
| Participation rate | 100.0% | 63.4%+36.6pp | 84.0%+16.0pp | 70.2%+29.8pp |
| Annual return | 6.63% | 12.38%-5.8pp | 32.23%-25.6pp | 5.13%+1.5pp |
| Employer contribution / active EE | $6,625 | $1,571+321.8% | $5,501+20.4% | $1,974+235.6% |
| Participant deferral / active EE | $4,588 | $1,926+138.3% | $4,871-5.8% | $3,061+49.9% |
| Admin fee / account holder | $899 | $82+989.7% | $13,028-93.1% | $95+850.9% |