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SCARCE

Wheaton, Illinois
Educational Services
1-24 employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Scarce
This plan lags significantly behind industry standards, which can hurt recruitment efforts and lead to higher employee turnover.
SCARCE
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$0
Avg Employer Contribution per Person per Year
Laggard
EE Friendly
Plan Design
Leading
EE Friendly
Admin Fees as a % of Total Assets
Top Benefits
6%
1 Year Return
Below

Peer Group

Size
1-24 employees
Region
Great Lakes
Industry
Educational Services

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Scarce
Plan type
401k
Plan start date
11/01/2022
Plan assets
$66,693
Participation Rate
88.89 %
Loan %
0.00 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
Self-directed
No
Auto-Enroll
Yes
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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Just a few of the companies in your cohort

DENISON UNIVERSITYDENISON UNIVERSITYAURORA UNIVERSITYAURORA UNIVERSITYCOLUMBUS SCHOOL FOR GIRLSCOLUMBUS SCHOOL FOR GIRLSBLACK PEARL EDUCATIONAL SERVICES, LLCBLACK PEARL EDUCATIONAL SERVICES, LLCTHE ASSOCIATION FOR ASIAN STUDIESTHE ASSOCIATION FOR ASIAN STUDIESOHIO HIGH SCHOOL ATHLETIC ASSOC DBA OHSAAOHIO HIGH SCHOOL ATHLETIC ASSOC DBA OHSAATHE CHICAGO HIGH SCHOOL FOR THE ARTSTHE CHICAGO HIGH SCHOOL FOR THE ARTSINDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES, INC.INDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES, INC.HUMAN RESOURCE DEVELOPMENT SERVICES, INC.HUMAN RESOURCE DEVELOPMENT SERVICES, INC.SAFETY MATTERS, INC.SAFETY MATTERS, INC.

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