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 |
|---|---|---|
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $3,033 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 | Securities Custodian | $1,738 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $37,608 | $47,977-21.6% | $154,107-75.6% | $56,287-33.2% |
| Participation rate | 61.0% | 66.2%-5.2pp | 83.0%-22.0pp | 69.9%-8.8pp |
| Annual return | -7.06% | 3.54%-10.6pp | 735.12%-742.2pp | -9.96%+2.9pp |
| Employer contribution / active EE | $1,583 | $2,169-27.0% | $5,298-70.1% | $2,111-25.0% |
| Participant deferral / active EE | $1,440 | $2,392-39.8% | $5,081-71.7% | $3,350-57.0% |
| Admin fee / account holder | $20 | $438-95.4% | $13,411-99.9% | $521-96.1% |