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 |
|---|---|---|
FIRST MIDWEST BANK5+ years Service code 51 · EIN 36-2040807 2801 W. JEFFERSON STREET · JOLIET, IL 60435 | Investment Mgmt Fees | $0 |
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.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $84,702 | $63,114+34.2% | $92,893-8.8% | $65,185+29.9% |
| Participation rate | 60.1% | 68.8%-8.7pp | 76.0%-15.9pp | 70.2%-10.1pp |
| Annual return | 22.97% | 28.75%-5.8pp | 109.41%-86.4pp | 29.38%-6.4pp |
| Employer contribution / active EE | $1,001 | $2,571-61.0% | $3,653-72.6% | $2,177-54.0% |
| Participant deferral / active EE | $2,388 | $3,108-23.2% | $4,236-43.6% | $3,514-32.1% |
| Admin fee / account holder | $302 | $624-51.5% | $5,794-94.8% | $847-64.3% |