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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK9+ years Service code 21 · EIN 62-1194889 333 TEXAS · SHREVEPORT, LA 71101 | Bank Trustee | $267,928 |
Service code 64 · EIN 72-0684309 2020 E. 70TH ST. · SHREVEPORT, LA 71105 | Recordkeeping Fees | $20,605 |
HEARD MCELROY & VESTAL, LLC8 years Filed as: HEARD, MCELROY AND VESTAL Service code 10 333 TEXAS ST. · SHREVEORT, LA 71101 | Accounting | $11,850 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $237,249 | $61,391+286.5% | $149,723+58.5% | $71,529+231.7% |
| Participation rate | 99.4% | 62.5%+36.9pp | 78.8%+20.6pp | 67.9%+31.5pp |
| Annual return | 15.70% | 35.88%-20.2pp | 134.50%-118.8pp | 28.97%-13.3pp |
| Employer contribution / active EE | $8,637 | $2,384+262.4% | $4,821+79.1% | $2,590+233.5% |
| Participant deferral / active EE | $5,793 | $2,921+98.3% | $5,682+1.9% | $4,291+35.0% |
| Admin fee / account holder | $821 | $1,264-35.0% | $13,215-93.8% | $1,588-48.3% |