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 |
|---|---|---|
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,972 | $76,670+42.1% | $96,683+12.7% | $71,457+52.5% |
| Participation rate | 51.7% | 66.6%-14.9pp | 74.3%-22.7pp | 67.9%-16.2pp |
| Annual return | 20.63% | 48.29%-27.7pp | 35.69%-15.1pp | 28.85%-8.2pp |
| Employer contribution / active EE | $1,052 | $3,031-65.3% | $3,737-71.8% | $2,588-59.3% |
| Participant deferral / active EE | $2,632 | $3,771-30.2% | $4,878-46.0% | $4,289-38.6% |
| Admin fee / account holder | $566 | $2,028-72.1% | $6,730-91.6% | $1,587-64.3% |