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 BANK5+ years Service code 15 100 NORTH MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $16,177 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $40,788 | $86,332-52.8% | $125,175-67.4% | $65,185-37.4% |
| Participation rate | 31.4% | 75.3%-43.9pp | 79.8%-48.4pp | 70.2%-38.8pp |
| Annual return | 20.83% | 27.43%-6.6pp | 43.79%-23.0pp | 29.38%-8.6pp |
| Employer contribution / active EE | $760 | $2,040-62.7% | $3,865-80.3% | $2,177-65.1% |
| Participant deferral / active EE | $1,198 | $3,537-66.1% | $4,937-75.7% | $3,514-65.9% |
| Admin fee / account holder | $210 | $609-65.5% | $9,702-97.8% | $847-75.2% |