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 |
|---|---|---|
Service code 28 · EIN 04-2675571 29 SAWYER RD · WALTHAM, MA 02453 | Investment Management | $13,194 |
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-6062081 2300 SOUTH COLUMBIA RD · GRAND FORKS, ND 58201 | Recordkeeping | $4,100 |
Service code 15 · EIN 20-1973276 PO BOX 290 · BRECKENRIDGE, MN 56520 | Recordkeeping | $1,700 |
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.
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 | $25,332 | $57,384-55.9% | $106,387-76.2% | $56,287-55.0% |
| Participation rate | 36.6% | 71.3%-34.7pp | 77.5%-40.8pp | 69.9%-33.2pp |
| Annual return | -7.41% | 5.91%-13.3pp | 0.25%-7.7pp | -9.96%+2.6pp |
| Employer contribution / active EE | $755 | $2,348-67.9% | $3,520-78.6% | $2,111-64.2% |
| Participant deferral / active EE | $1,469 | $3,799-61.3% | $5,421-72.9% | $3,350-56.1% |
| Admin fee / account holder | $227 | $566-59.9% | $7,510-97.0% | $521-56.4% |