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 |
|---|---|---|
CHEMUNG CANAL TRUST COMPANY3 years Service code 13 · EIN 16-0380815 | Contract Administrator | $6,632 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $92,109 | $64,919+41.9% | $392,568-76.5% | $65,185+41.3% |
| Participation rate | 60.8% | 72.0%-11.2pp | 78.1%-17.3pp | 70.2%-9.4pp |
| Annual return | 21.82% | 26.09%-4.3pp | 24.42%-2.6pp | 29.38%-7.6pp |
| Employer contribution / active EE | $328 | $2,374-86.2% | $3,783-91.3% | $2,177-84.9% |
| Participant deferral / active EE | $3,796 | $3,668+3.5% | $5,985-36.6% | $3,514+8.0% |
| Admin fee / account holder | $46 | $634-92.7% | $6,260-99.3% | $847-94.5% |