See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
1ST SOURCE BANK5+ years Service code 15 100 NORTH MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $8,783 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,385 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,922 | $52,953-43.5% | $172,739-82.7% | $65,185-54.1% |
| Participation rate | 35.6% | 66.2%-30.6pp | 82.6%-47.1pp | 70.2%-34.6pp |
| Annual return | 19.17% | 30.12%-11.0pp | 802.84%-783.7pp | 29.38%-10.2pp |
| Employer contribution / active EE | $568 | $2,190-74.1% | $5,143-89.0% | $2,177-73.9% |
| Participant deferral / active EE | $1,057 | $2,471-57.2% | $5,198-79.7% | $3,514-69.9% |
| Admin fee / account holder | $309 | $472-34.6% | $13,954-97.8% | $847-63.6% |