See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
CHEMICAL BANK5+ years Filed as: CHEMICAL BANK WEALTH MANAGEMENT Service code 21 235 E MAIN STREET · MIDLAND, MI 486412049 | Bank Trustee | $54,494 |
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 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 | $72,996 | $66,601+9.6% | $92,893-21.4% | $67,579+8.0% |
| Participation rate | 58.4% | 72.5%-14.1pp | 76.0%-17.6pp | 71.3%-12.8pp |
| Annual return | 19.70% | 92.58%-72.9pp | 109.41%-89.7pp | 378.56%-358.9pp |
| Employer contribution / active EE | $1,245 | $2,775-55.1% | $3,653-65.9% | $2,148-42.0% |
| Participant deferral / active EE | $2,811 | $3,157-10.9% | $4,236-33.6% | $3,539-20.6% |
| Admin fee / account holder | $322 | $199+61.8% | $5,794-94.4% | $142+126.2% |