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| Provider | Service type | Compensation |
|---|---|---|
RENASANT BANK1 year Service code 21 209 TROY ST · TUPELO, MS 38802 | Bank Trustee | $11,880 |
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952 | Recordkeeping | $1,065 |
NEWPORT GROUP, INC.2+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 49 · EIN 20-1591048 | Other Services | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $10,846 | $107,378-89.9% | $108,582-90.0% | $57,658-81.2% |
| Participation rate | 72.0% | 77.1%-5.1pp | 79.6%-7.6pp | 70.2%+1.8pp |
| Annual return | 8.24% | 12.80%-4.6pp | -51.70%+59.9pp | 5.13%+3.1pp |
| Employer contribution / active EE | $732 | $1,782-58.9% | $3,758-80.5% | $1,974-62.9% |
| Participant deferral / active EE | $1,631 | $3,221-49.4% | $4,311-62.2% | $3,061-46.7% |
| Admin fee / account holder | $32 | $108-70.6% | $7,645-99.6% | $95-66.3% |