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| Provider | Service type | Compensation |
|---|---|---|
TEXAS BANK AND TRUST3 years Filed as: TEXAS BANK AND TRUST COMPANY Service code 15 · EIN 75-0962666 1800 NW LOOP 291 · LONGVIEW, TX 75604 | Recordkeeping | $25,869 |
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 | $61,415 | $72,303-15.1% | $86,698-29.2% | $64,824-5.3% |
| Participation rate | 36.7% | 80.4%-43.7pp | 76.6%-39.9pp | 71.5%-34.8pp |
| Annual return | -16.77% | 392.77%-409.5pp | 35.96%-52.7pp | 32.84%-49.6pp |
| Employer contribution / active EE | $1,309 | $2,393-45.3% | $2,837-53.9% | $2,507-47.8% |
| Participant deferral / active EE | $2,514 | $4,660-46.1% | $4,656-46.0% | $4,311-41.7% |
| Admin fee / account holder | $197 | $174+13.5% | $7,492-97.4% | $188+5.1% |