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.6+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-0662081 | Recordkeeping | $19,568 |
CBIZ RETIREMENT PLAN SERVICES5+ years Service code 50 · EIN 31-1582098 | Direct Payment | $14,539 |
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 | $28,157 | $69,362-59.4% | $101,248-72.2% | $73,488-61.7% |
| Participation rate | 93.2% | 68.4%+24.8pp | 75.8%+17.4pp | 70.7%+22.5pp |
| Annual return | 13.51% | 18.46%-5.0pp | 46.47%-33.0pp | 28.51%-15.0pp |
| Employer contribution / active EE | $1,193 | $2,628-54.6% | $3,660-67.4% | $2,270-47.4% |
| Participant deferral / active EE | $2,211 | $3,300-33.0% | $4,370-49.4% | $3,740-40.9% |
| Admin fee / account holder | $131 | $704-81.4% | $5,945-97.8% | $513-74.4% |