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 BANK4+ years Service code 15 100 NORTH MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $14,791 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,216 | $66,302-19.7% | $110,238-51.7% | $56,287-5.5% |
| Participation rate | 20.1% | 74.9%-54.8pp | 79.8%-59.7pp | 69.9%-49.7pp |
| Annual return | -6.22% | -1.18%-5.0pp | 314.74%-321.0pp | -9.96%+3.7pp |
| Employer contribution / active EE | $592 | $2,047-71.1% | $3,826-84.5% | $2,111-72.0% |
| Participant deferral / active EE | $996 | $3,381-70.5% | $4,672-78.7% | $3,350-70.3% |
| Admin fee / account holder | $336 | $698-51.9% | $8,547-96.1% | $521-35.5% |