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 |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $23,278 |
BAKER TILLY US, LLP1+ years Filed as: BAKER TILLY VIRCHOW DRAUSE, LLP Service code 10 · EIN 39-0859910 | Accounting | $9,578 |
NORTHEAST ADVISORS, INC.1+ years Filed as: NORTHEAST ADVISERS, INC. Service code 12 · EIN 23-3044281 | Claims processing | $4,613 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $20,892 | $33,120-36.9% | $40,757-48.7% | $59,632-65.0% |
| Participation rate | 97.7% | 70.7%+27.0pp | 79.3%+18.4pp | 68.7%+29.0pp |
| Annual return | -1.41% | 1.43%-2.8pp | -0.50%-0.9pp | 2041.28%-2042.7pp |
| Employer contribution / active EE | $1,509 | $2,119-28.8% | $3,004-49.8% | $2,203-31.5% |
| Participant deferral / active EE | $600 | $2,513-76.1% | $3,485-82.8% | $3,192-81.2% |
| Admin fee / account holder | $350 | $2,449-85.7% | $4,272-91.8% | $4,297-91.9% |