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| Provider | Service type | Compensation |
|---|---|---|
TEXAS BANK AND TRUST2 years Filed as: TEXAS BANK AND TRUST COMPANY Service code 15 · EIN 75-0962666 1800 NW LOOP 291 · LONGVIEW, TX 75604 | Recordkeeping | $24,425 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,747 | $84,936-19.1% | $111,308-38.2% | $79,391-13.4% |
| Participation rate | 63.1% | 75.9%-12.8pp | 77.3%-14.3pp | 70.7%-7.6pp |
| Annual return | 12.63% | 17.45%-4.8pp | 54.67%-42.0pp | 116.88%-104.3pp |
| Employer contribution / active EE | $1,583 | $1,979-20.0% | $2,732-42.1% | $2,428-34.8% |
| Participant deferral / active EE | $2,966 | $3,888-23.7% | $4,487-33.9% | $4,046-26.7% |
| Admin fee / account holder | $194 | $537-63.9% | $7,965-97.6% | $627-69.1% |