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| Provider | Service type | Compensation |
|---|---|---|
1ST SOURCE BANK2+ years Service code 15 · EIN 35-6495542 | Recordkeeping | $46,573 |
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 | $55,238 | $51,466+7.3% | $78,778-29.9% | $62,293-11.3% |
| Participation rate | 83.8% | 59.8%+24.0pp | 69.2%+14.6pp | 69.5%+14.3pp |
| Annual return | 9.72% | 19.96%-10.2pp | 35.62%-25.9pp | 28.90%-19.2pp |
| Employer contribution / active EE | $1,145 | $827+38.4% | $1,986-42.3% | $2,042-43.9% |
| Participant deferral / active EE | $3,145 | $2,147+46.5% | $2,958+6.3% | $3,169-0.8% |
| Admin fee / account holder | $295 | $489-39.8% | $5,134-94.3% | $479-38.5% |