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 | $15,011 |
ALERUS FINANCIAL, N.A.5+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-6062081 2300 SOUTH COLUMBIA RD · GRAND FORKS, ND 58201 | Recordkeeping | $8,097 |
SPECTRUM EMPLOYEE BENEFITS2 years Service code 15 · EIN 20-1973276 PO BOX 290 · BRECKENRIDGE, MN 56520 | Recordkeeping | $1,693 |
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.
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 | $33,782 | $64,919-48.0% | $392,568-91.4% | $65,185-48.2% |
| Participation rate | 40.1% | 72.0%-31.9pp | 78.1%-38.0pp | 70.2%-30.1pp |
| Annual return | 21.24% | 26.09%-4.9pp | 24.42%-3.2pp | 29.38%-8.1pp |
| Employer contribution / active EE | $724 | $2,374-69.5% | $3,783-80.9% | $2,177-66.7% |
| Participant deferral / active EE | $1,563 | $3,668-57.4% | $5,985-73.9% | $3,514-55.5% |
| Admin fee / account holder | $235 | $634-62.9% | $6,260-96.2% | $847-72.2% |