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| Provider | Service type | Compensation |
|---|---|---|
1ST SOURCE BANK1+ years Service code 15 · EIN 35-6495542 | Recordkeeping | $37,697 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $53,723 | $42,546+26.3% | $71,796-25.2% | $55,167-2.6% |
| Participation rate | 85.4% | 59.1%+26.3pp | 69.1%+16.3pp | 69.0%+16.4pp |
| Annual return | -2.47% | 12.36%-14.8pp | 78.04%-80.5pp | 169.23%-171.7pp |
| Employer contribution / active EE | $961 | $803+19.6% | $1,924-50.1% | $1,963-51.1% |
| Participant deferral / active EE | $3,116 | $2,064+51.0% | $2,794+11.5% | $3,054+2.0% |
| Admin fee / account holder | $248 | $650-61.8% | $4,815-94.8% | $504-50.8% |