Filed October 29, 2008 (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.
| Provider | Service type | Compensation |
|---|---|---|
1ST SOURCE BANK5+ years Service code 15 100 NORTH MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $18,189 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $581,824 | $91,517+535.8% | $101,275+474.5% | $73,415+692.5% |
| Participation rate | 99.7% | 73.8%+26.0pp | 75.8%+23.9pp | 72.2%+27.6pp |
| Annual return | 12.66% | 17.17%-4.5pp | 46.46%-33.8pp | 59.30%-46.6pp |
| Employer contribution / active EE | $6,207 | $2,877+115.8% | $3,660+69.6% | $2,234+177.9% |
| Participant deferral / active EE | $4,969 | $3,338+48.8% | $4,370+13.7% | $3,806+30.6% |
| Admin fee / account holder | $30 | $216-86.2% | $5,948-99.5% | $158-81.2% |