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| Provider | Service type | Compensation |
|---|---|---|
1ST SOURCE BANK9+ years Service code 15 100 N. MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $65,741 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,280 | $59,456-13.8% | $93,669-45.3% | $74,429-31.1% |
| Participation rate | 88.0% | 59.6%+28.4pp | 68.7%+19.3pp | 67.2%+20.8pp |
| Annual return | 18.91% | 82.00%-63.1pp | 133.59%-114.7pp | 1368.38%-1349.5pp |
| Employer contribution / active EE | $1,661 | $1,266+31.2% | $2,424-31.5% | $2,625-36.7% |
| Participant deferral / active EE | $4,499 | $3,052+47.4% | $4,416+1.9% | $4,348+3.5% |
| Admin fee / account holder | $299 | $3,026-90.1% | $8,291-96.4% | $1,944-84.6% |