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 MANAGEMENT3 years Filed as: BUSEY BANK Service code 19 · EIN 37-0613731 | Securities Custodian | $49,881 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $30,291 |
CHARLES SCHWAB & CO., INC.4 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.)
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 | $118,518 | $80,724+46.8% | $103,333+14.7% | $74,495+59.1% |
| Participation rate | 53.3% | 65.7%-12.4pp | 74.5%-21.3pp | 67.2%-13.9pp |
| Annual return | 13.97% | 27.56%-13.6pp | 24.88%-10.9pp | 1364.94%-1351.0pp |
| Employer contribution / active EE | $1,105 | $3,157-65.0% | $3,868-71.4% | $2,623-57.9% |
| Participant deferral / active EE | $2,720 | $3,860-29.6% | $5,057-46.2% | $4,346-37.4% |
| Admin fee / account holder | $652 | $2,368-72.5% | $8,355-92.2% | $1,942-66.4% |