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 |
|---|---|---|
BUSEY WEALTH MANAGEMENT2 years Filed as: BUSEY BANK Service code 19 · EIN 37-0613731 | Securities Custodian | $42,205 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $29,107 |
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $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.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,972 | $76,696+42.1% | $96,538+12.9% | $71,529+52.3% |
| Participation rate | 51.7% | 66.6%-14.9pp | 74.3%-22.7pp | 67.9%-16.3pp |
| Annual return | 20.63% | 48.32%-27.7pp | 35.74%-15.1pp | 28.97%-8.3pp |
| Employer contribution / active EE | $1,052 | $3,032-65.3% | $3,740-71.9% | $2,590-59.4% |
| Participant deferral / active EE | $2,632 | $3,770-30.2% | $4,880-46.1% | $4,291-38.7% |
| Admin fee / account holder | $566 | $2,030-72.1% | $6,737-91.6% | $1,588-64.4% |