See peer percentile detail. $4.99 for your first month.
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| Provider | Service type | Compensation |
|---|---|---|
BUSEY WEALTH MANAGEMENT1 year Filed as: BUSEY BANK Service code 27 · EIN 37-0613731 | Advisory (Plan) | $28,253 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $18,322 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
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.)
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 | $42,550 | $73,360-42.0% | $177,989-76.1% | $74,495-42.9% |
| Participation rate | 60.6% | 66.6%-6.0pp | 77.1%-16.4pp | 67.2%-6.6pp |
| Annual return | 13.79% | 17.49%-3.7pp | 294.48%-280.7pp | 1364.94%-1351.2pp |
| Employer contribution / active EE | $1,304 | $2,216-41.2% | $3,949-67.0% | $2,623-50.3% |
| Participant deferral / active EE | $3,203 | $4,513-29.0% | $6,276-49.0% | $4,346-26.3% |
| Admin fee / account holder | $371 | $1,808-79.5% | $10,363-96.4% | $1,942-80.9% |