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 COMPANY4 years Service code 13 · EIN 16-0380815 | Contract Administrator | $7,802 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $103,119 | $73,823+39.7% | $379,746-72.8% | $73,488+40.3% |
| Participation rate | 58.4% | 73.1%-14.7pp | 78.4%-20.0pp | 70.7%-12.3pp |
| Annual return | 13.56% | 29.06%-15.5pp | 34.90%-21.3pp | 28.51%-15.0pp |
| Employer contribution / active EE | $414 | $2,472-83.2% | $3,540-88.3% | $2,270-81.7% |
| Participant deferral / active EE | $4,221 | $4,038+4.5% | $6,024-29.9% | $3,740+12.9% |
| Admin fee / account holder | $53 | $607-91.3% | $7,927-99.3% | $513-89.7% |