Filed March 5, 2021
Total covered: 80 employees
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 |
|---|---|---|
CHRISTENSEN GROUP2+ years Service code 16 1100 BREN RD WEST · MINNETONKA, MN 55343 | Consulting | $48,757 |
Service code 12 · EIN 13-3689044 | Participant loan processing; Recordke... | $45,896 |
RSM US LLP2+ years Filed as: RSM US, LLP Service code 10 801 NICOLLET AVE · MINNEAPOLIS, MN 55402 | Accounting | $15,068 |
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
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.
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 | $156,299 | $58,726+166.1% | $92,233+69.5% | $62,292+150.9% |
| Participation rate | 89.4% | 68.3%+21.0pp | 76.5%+12.9pp | 69.5%+19.9pp |
| Annual return | 11.17% | 43.62%-32.4pp | 176.28%-165.1pp | 28.90%-17.7pp |
| Employer contribution / active EE | $2,612 | $2,392+9.2% | $3,679-29.0% | $2,042+27.9% |
| Participant deferral / active EE | $7,007 | $2,766+153.3% | $3,897+79.8% | $3,169+121.1% |
| Admin fee / account holder | $665 | $556+19.5% | $5,194-87.2% | $479+38.7% |