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 |
|---|---|---|
HUNTINGTON NATIONAL BANK3 years Service code 15 · EIN 31-0966785 | Recordkeeping | $62,576 |
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $6,436 |
Filed as: BANK OF ANN ARBOR Service code 27 125 S. FIFTH ST · ANN ARBOR, MI 48104 | Advisory (Plan) | $2,527 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,202 | $82,978-58.8% | $129,995-73.7% | $71,457-52.1% |
| Participation rate | 82.5% | 74.1%+8.4pp | 78.5%+4.0pp | 67.9%+14.6pp |
| Annual return | 16.62% | 20.60%-4.0pp | -137.18%+153.8pp | 28.85%-12.2pp |
| Employer contribution / active EE | $74 | $2,622-97.2% | $4,320-98.3% | $2,588-97.1% |
| Participant deferral / active EE | $4,237 | $4,432-4.4% | $5,820-27.2% | $4,289-1.2% |
| Admin fee / account holder | $145 | $1,729-91.6% | $10,614-98.6% | $1,587-90.8% |