Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
1ST SOURCE BANK5+ years Service code 15 100 NORTH MICHIGAN STREET · SOUTH BEND, IN 46601 | Recordkeeping | $21,678 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,454 | $85,171-86.6% | $172,753-93.4% | $72,976-84.3% |
| Participation rate | 98.9% | 70.1%+28.9pp | 82.6%+16.3pp | 69.5%+29.5pp |
| Annual return | 10.55% | 27.32%-16.8pp | 803.00%-792.5pp | 81.02%-70.5pp |
| Employer contribution / active EE | $1,025 | $3,324-69.2% | $5,144-80.1% | $2,440-58.0% |
| Participant deferral / active EE | $964 | $3,260-70.4% | $5,198-81.5% | $3,608-73.3% |
| Admin fee / account holder | $145 | $5,880-97.5% | $13,956-99.0% | $5,124-97.2% |