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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK7+ years Service code 21 · EIN 62-1194889 333 TEXAS · SHREVEPORT, LA 71101 | Bank Trustee | $367,153 |
Service code 64 · EIN 72-0684309 2020 E. 70TH ST. · SHREVEPORT, LA 71105 | Recordkeeping Fees | $19,736 |
HEARD MCELROY & VESTAL, LLC6 years Filed as: HEARD, MCELROY AND VESTAL Service code 10 333 TEXAS ST. · SHREVEORT, LA 71101 | Accounting | $9,500 |
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).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $286,727 | $61,172+368.7% | $185,851+54.3% | $79,389+261.2% |
| Participation rate | 99.5% | 66.6%+32.9pp | 81.7%+17.8pp | 70.7%+28.8pp |
| Annual return | 12.58% | 19.45%-6.9pp | 122.11%-109.5pp | 116.89%-104.3pp |
| Employer contribution / active EE | $7,619 | $2,321+228.3% | $5,168+47.4% | $2,428+213.8% |
| Participant deferral / active EE | $5,029 | $2,788+80.4% | $5,569-9.7% | $4,046+24.3% |
| Admin fee / account holder | $1,106 | $710+55.8% | $16,245-93.2% | $626+76.5% |