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 |
|---|---|---|
ICAPITAL, LLC4+ years Service code 26 · EIN 76-0708798 | Advisory (Participants) | $40,022 |
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $17,959 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $104,063 | $73,102+42.4% | $123,544-15.8% | $56,287+84.9% |
| Participation rate | 91.7% | 74.3%+17.4pp | 82.3%+9.4pp | 69.9%+21.8pp |
| Annual return | -7.52% | 3.01%-10.5pp | 119.20%-126.7pp | -9.96%+2.4pp |
| Employer contribution / active EE | $569 | $2,977-80.9% | $4,628-87.7% | $2,111-73.1% |
| Participant deferral / active EE | $10,407 | $5,423+91.9% | $6,426+62.0% | $3,350+210.7% |
| Admin fee / account holder | $365 | $554-34.1% | $9,284-96.1% | $521-30.0% |