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 |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $49,630 |
KANON BLOCH CARRE2+ years Service code 27 · EIN 26-1535450 | Advisory (Plan) | $30,563 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $124,979 | $52,884+136.3% | $84,750+47.5% | $55,167+126.5% |
| Participation rate | 91.8% | 67.5%+24.3pp | 76.6%+15.2pp | 69.0%+22.8pp |
| Annual return | 7.12% | 18.03%-10.9pp | 22.78%-15.7pp | 169.23%-162.1pp |
| Employer contribution / active EE | $1,969 | $2,233-11.8% | $3,574-44.9% | $1,963+0.3% |
| Participant deferral / active EE | $7,924 | $2,644+199.7% | $3,712+113.5% | $3,054+159.4% |
| Admin fee / account holder | $303 | $581-47.9% | $5,332-94.3% | $504-39.9% |