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 BANK6+ years Service code 51 · EIN 36-2040807 2801 W. JEFFERSON STREET · JOLIET, IL 60435 | Investment Mgmt Fees | $53,842 |
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 | $109,977 | $69,362+58.6% | $101,248+8.6% | $73,488+49.7% |
| Participation rate | 60.1% | 68.4%-8.3pp | 75.8%-15.7pp | 70.7%-10.6pp |
| Annual return | 24.59% | 18.46%+6.1pp | 46.47%-21.9pp | 28.51%-3.9pp |
| Employer contribution / active EE | $965 | $2,628-63.3% | $3,660-73.6% | $2,270-57.5% |
| Participant deferral / active EE | $2,430 | $3,300-26.4% | $4,370-44.4% | $3,740-35.0% |
| Admin fee / account holder | $393 | $704-44.1% | $5,945-93.4% | $513-23.4% |