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 |
|---|---|---|
MACATAWA BANK2 years Service code 15 · EIN 38-3378283 10753 MACATAWA DR · HOLLAND, MI 494249572 | Recordkeeping | $12,153 |
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 | $58,112 | $67,606-14.0% | $82,313-29.4% | $70,131-17.1% |
| Participation rate | 71.9% | 72.8%-0.9pp | 76.9%-5.0pp | 69.5%+2.3pp |
| Annual return | 21.84% | 21.57%+0.3pp | 25.88%-4.0pp | 73.14%-51.3pp |
| Employer contribution / active EE | $1,227 | $1,755-30.1% | $2,428-49.5% | $2,342-47.6% |
| Participant deferral / active EE | $1,889 | $2,987-36.7% | $3,706-49.0% | $3,332-43.3% |
| Admin fee / account holder | $176 | $4,512-96.1% | $5,608-96.9% | $4,645-96.2% |