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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK6+ years Service code 21 · EIN 62-1194889 333 TEXAS · SHREVEPORT, LA 71101 | Bank Trustee | $311,984 |
Service code 64 · EIN 72-0684309 2020 E. 70TH ST. · SHREVEPORT, LA 71105 | Recordkeeping Fees | $17,909 |
HEARD MCELROY & VESTAL, LLC5 years Filed as: HEARD, MCELROY AND VESTAL Service code 10 333 TEXAS ST. · SHREVEORT, LA 71101 | Accounting | $8,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $257,353 | $58,895+337.0% | $178,503+44.2% | $73,497+250.2% |
| Participation rate | 100.0% | 66.2%+33.8pp | 81.9%+18.1pp | 70.7%+29.3pp |
| Annual return | 13.79% | 24.86%-11.1pp | 151.12%-137.3pp | 28.51%-14.7pp |
| Employer contribution / active EE | $6,592 | $2,236+194.8% | $5,011+31.5% | $2,270+190.4% |
| Participant deferral / active EE | $4,543 | $2,567+77.0% | $5,202-12.7% | $3,740+21.5% |
| Admin fee / account holder | $934 | $400+133.2% | $13,987-93.3% | $513+82.0% |