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 | $36,002 |
CAPITAL WEALTH MANAGEMENT2+ years Filed as: CAPITAL WEALTH MANAGEMENT, INC Service code 27 · EIN 65-1226333 | Advisory (Plan) | $13,089 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $27,706 | $107,378-74.2% | $108,579-74.5% | $57,658-51.9% |
| Participation rate | 46.8% | 77.1%-30.3pp | 79.6%-32.8pp | 70.2%-23.5pp |
| Annual return | 6.32% | 12.80%-6.5pp | -51.70%+58.0pp | 5.13%+1.2pp |
| Employer contribution / active EE | $942 | $1,782-47.1% | $3,758-74.9% | $1,974-52.3% |
| Participant deferral / active EE | $1,665 | $3,221-48.3% | $4,311-61.4% | $3,061-45.6% |
| Admin fee / account holder | $221 | $108+103.8% | $7,645-97.1% | $95+133.9% |