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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK3+ years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $10,772 |
Service code 37 · EIN 04-2647786 | Loan Processing | $10,234 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $21,005 | $46,966-55.3% | $185,117-88.7% | $69,631-69.8% |
| Participation rate | 38.3% | 65.3%-27.0pp | 77.3%-39.0pp | 70.7%-32.4pp |
| Annual return | 14.99% | 22.36%-7.4pp | 40.50%-25.5pp | 27571.02%-27556.0pp |
| Employer contribution / active EE | $818 | $1,360-39.9% | $4,182-80.4% | $2,032-59.7% |
| Participant deferral / active EE | $1,509 | $3,017-50.0% | $5,045-70.1% | $3,224-53.2% |
| Admin fee / account holder | $134 | $94+42.6% | $8,159-98.4% | $110+21.1% |