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 |
|---|---|---|
CHEMICAL BANK5+ years Service code 12 · EIN 38-0415896 | Participant loan processing; Recordke... | $25,425 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $57,570 | $51,620+11.5% | $90,281-36.2% | $65,185-11.7% |
| Participation rate | 42.0% | 68.6%-26.7pp | 73.3%-31.3pp | 70.2%-28.2pp |
| Annual return | 23.55% | 24.94%-1.4pp | 78.10%-54.5pp | 29.38%-5.8pp |
| Employer contribution / active EE | $1,375 | $2,235-38.5% | $2,854-51.8% | $2,177-36.8% |
| Participant deferral / active EE | $1,143 | $2,871-60.2% | $3,885-70.6% | $3,514-67.5% |
| Admin fee / account holder | $321 | $384-16.5% | $5,351-94.0% | $847-62.1% |