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 BANK9+ years Service code 15 100 NORTH MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $16,275 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $5,445 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,581 | $82,978-39.0% | $129,995-61.1% | $71,457-29.2% |
| Participation rate | 40.0% | 74.1%-34.1pp | 78.5%-38.5pp | 67.9%-27.9pp |
| Annual return | 17.05% | 20.60%-3.6pp | -137.18%+154.2pp | 28.85%-11.8pp |
| Employer contribution / active EE | $0 | $2,622-100.0% | $4,320-100.0% | $2,588-100.0% |
| Participant deferral / active EE | $2,358 | $4,432-46.8% | $5,820-59.5% | $4,289-45.0% |
| Admin fee / account holder | $186 | $1,729-89.3% | $10,614-98.3% | $1,587-88.3% |