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 BANK1+ years Filed as: CHEMICAL BANK WEALTH MANAGEMENT Service code 12 235 E MAIN STREET · MIDLAND, MI 486412049 | Investment advisory (plan); Claims pr... | $37,300 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $56,969 | $50,464+12.9% | $75,781-24.8% | $52,331+8.9% |
| Participation rate | 55.5% | 66.8%-11.3pp | 75.8%-20.3pp | 68.1%-12.6pp |
| Annual return | -1.31% | 1.03%-2.3pp | 9.68%-11.0pp | 4.54%-5.9pp |
| Employer contribution / active EE | $289 | $1,988-85.5% | $3,323-91.3% | $1,882-84.7% |
| Participant deferral / active EE | $2,242 | $2,570-12.8% | $3,651-38.6% | $3,022-25.8% |
| Admin fee / account holder | $296 | $1,103-73.2% | $5,299-94.4% | $592-50.0% |