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 9-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 BANK2+ years Service code 13 · EIN 38-2022454 | Contract Administrator | $28,031 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $31,251 | $32,425-3.6% | $74,583-58.1% | $55,167-43.4% |
| Participation rate | 64.9% | 54.0%+10.9pp | 68.1%-3.2pp | 69.0%-4.1pp |
| Annual return | 7.73% | 10.63%-2.9pp | 20.47%-12.7pp | 169.23%-161.5pp |
| Employer contribution / active EE | $504 | $1,043-51.7% | $2,525-80.0% | $1,963-74.3% |
| Participant deferral / active EE | $1,249 | $1,995-37.4% | $3,458-63.9% | $3,054-59.1% |
| Admin fee / account holder | $221 | $748-70.5% | $4,138-94.7% | $504-56.2% |