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 |
|---|---|---|
1ST SOURCE BANK7+ years Service code 15 100 N. MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $74,678 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,085 | $49,451+45.8% | $79,550-9.4% | $66,914+7.7% |
| Participation rate | 77.4% | 61.3%+16.1pp | 69.5%+7.9pp | 69.8%+7.6pp |
| Annual return | 3.24% | 84.25%-81.0pp | 0.16%+3.1pp | 1.58%+1.7pp |
| Employer contribution / active EE | $1,399 | $1,266+10.5% | $2,413-42.0% | $2,544-45.0% |
| Participant deferral / active EE | $4,092 | $3,159+29.6% | $3,985+2.7% | $4,237-3.4% |
| Admin fee / account holder | $482 | $595-19.0% | $6,832-92.9% | $593-18.8% |