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 |
|---|---|---|
LPL FINANCIAL4+ years Service code 27 · EIN 95-2834236 | Advisory (Plan) | $2,144 |
ALERUS FINANCIAL, N.A.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $442 |
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 | $43,905 | $60,795-27.8% | $69,455-36.8% | $65,185-32.6% |
| Participation rate | 27.5% | 74.9%-47.4pp | 74.6%-47.2pp | 70.2%-42.7pp |
| Annual return | 6.79% | 17.46%-10.7pp | 28.97%-22.2pp | 29.38%-22.6pp |
| Employer contribution / active EE | $0 | $2,452-100.0% | $2,779-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $1,037 | $3,162-67.2% | $3,535-70.7% | $3,514-70.5% |
| Admin fee / account holder | $74 | $314-76.4% | $3,839-98.1% | $847-91.3% |