Filed November 2, 2018
Total covered: 19 employees
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 |
|---|---|---|
TRUST COMPANY OF ILLINOIS2+ years Service code 37 · EIN 36-3880930 1901 BUTTERFIELD ROAD SUITE 1000 · DOWNERS GROVE, IL 60515 | Loan Processing | $13,451 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $23,609 | $80,177-70.6% | $123,892-80.9% | $57,658-59.1% |
| Participation rate | 25.1% | 74.4%-49.3pp | 81.4%-56.3pp | 70.2%-45.1pp |
| Annual return | 5.58% | 17.90%-12.3pp | 47.52%-41.9pp | 5.13%+0.4pp |
| Employer contribution / active EE | $172 | $2,913-94.1% | $4,617-96.3% | $1,974-91.3% |
| Participant deferral / active EE | $968 | $5,130-81.1% | $5,984-83.8% | $3,061-68.4% |
| Admin fee / account holder | $170 | $106+60.2% | $8,357-98.0% | $95+80.1% |