See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
COLLINGWOOD GROUP1 year Service code 26 · EIN 88-2134348 | Advisory (Participants) | $16,164 |
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $9,803 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,410 | $101,317-78.9% | $146,958-85.4% | $74,495-71.3% |
| Participation rate | 85.8% | 75.5%+10.3pp | 82.2%+3.7pp | 67.2%+18.6pp |
| Annual return | 18.16% | 8730.91%-8712.7pp | 418.34%-400.2pp | 1364.94%-1346.8pp |
| Employer contribution / active EE | $3,174 | $3,810-16.7% | $4,933-35.7% | $2,623+21.0% |
| Participant deferral / active EE | $6,020 | $7,303-17.6% | $8,070-25.4% | $4,346+38.5% |
| Admin fee / account holder | $158 | $1,739-90.9% | $12,998-98.8% | $1,942-91.8% |