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| Provider | Service type | Compensation |
|---|---|---|
OLD SECOND BANK7 years Service code 21 · EIN 36-1577458 37 S. RIVER ST · AURORA, IL 60506 | Bank Trustee | $74,436 |
RETIREMENT DIRECT7 years Service code 64 11120 TREYNORTH DR · CORNELIUS, NC 28031 | Recordkeeping Fees | $18,669 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,565 | $47,898-44.5% | $117,533-77.4% | $64,819-59.0% |
| Participation rate | 55.2% | 61.9%-6.7pp | 70.6%-15.4pp | 71.5%-16.3pp |
| Annual return | -15.46% | -15.54%+0.1pp | 29.77%-45.2pp | 32.84%-48.3pp |
| Employer contribution / active EE | $284 | $1,774-84.0% | $4,179-93.2% | $2,507-88.7% |
| Participant deferral / active EE | $1,357 | $3,151-56.9% | $4,072-66.7% | $4,311-68.5% |
| Admin fee / account holder | $278 | $132+110.8% | $5,647-95.1% | $188+48.0% |