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 | $15,067 |
ALERUS FINANCIAL, N.A.6+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-6062081 2300 SOUTH COLUMBIA RD · GRAND FORKS, ND 58201 | Recordkeeping | $5,114 |
SPECTRUM EMPLOYEE BENEFITS3 years 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.
Employer 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 | $37,160 | $73,823-49.7% | $379,746-90.2% | $73,488-49.4% |
| Participation rate | 32.2% | 73.1%-40.9pp | 78.4%-46.2pp | 70.7%-38.5pp |
| Annual return | 13.09% | 29.06%-16.0pp | 34.90%-21.8pp | 28.51%-15.4pp |
| Employer contribution / active EE | $8 | $2,472-99.7% | $3,540-99.8% | $2,270-99.6% |
| Participant deferral / active EE | $756 | $4,038-81.3% | $6,024-87.5% | $3,740-79.8% |
| Admin fee / account holder | $236 | $607-61.1% | $7,927-97.0% | $513-54.0% |