Filed October 12, 2001 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
REGIONS BANK2 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $46,114 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $19,538 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $148,409 | $66,180+124.3% | $118,746+25.0% | $62,292+138.2% |
| Participation rate | 100.0% | 71.3%+28.7pp | 78.3%+21.7pp | 69.5%+30.5pp |
| Annual return | 12.81% | 60.89%-48.1pp | 24.54%-11.7pp | 28.90%-16.1pp |
| Employer contribution / active EE | $6,425 | $3,183+101.8% | $4,193+53.2% | $2,042+214.6% |
| Participant deferral / active EE | $10,364 | $4,247+144.1% | $5,332+94.4% | $3,169+227.0% |
| Admin fee / account holder | $486 | $753-35.5% | $10,720-95.5% | $479+1.5% |