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| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK8 years Service code 28 · EIN 63-0371391 | Investment Management | $35,326 |
CHARLES SCHWAB & CO., INC.7 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $34,561 |
MELTON & MELTON LLP10+ years Service code 10 · EIN 74-1550819 | Accounting | $27,824 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Direct payment ... | $3,984 |
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).
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 | $57,999 | $101,672-43.0% | $147,117-60.6% | $74,478-22.1% |
| Participation rate | 51.5% | 75.5%-24.1pp | 82.2%-30.7pp | 67.2%-15.7pp |
| Annual return | 14.47% | 8757.83%-8743.4pp | 420.54%-406.1pp | 1370.56%-1356.1pp |
| Employer contribution / active EE | $965 | $3,813-74.7% | $4,932-80.4% | $2,626-63.2% |
| Participant deferral / active EE | $5,062 | $7,305-30.7% | $8,065-37.2% | $4,350+16.4% |
| Admin fee / account holder | $189 | $1,753-89.2% | $12,993-98.5% | $1,946-90.3% |