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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $210,716 |
HAYS FINANCIAL GROUP10+ years Filed as: HAYS BENEFIT GROUP Service code 33 · EIN 41-1784898 | Securities brokerage | $61,863 |
CLIFTONLARSONALLEN LLP9 years Filed as: CLIFTONLARSONALLEN, LLP Service code 10 · EIN 41-0746749 | Accounting | $22,800 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,847 | $58,644-4.8% | $177,989-68.6% | $199,593-72.0% |
| Participation rate | 95.7% | 65.5%+30.2pp | 77.1%+18.6pp | 72.0%+23.7pp |
| Annual return | 11.41% | 19.25%-7.8pp | 294.48%-283.1pp | 34.25%-22.8pp |
| Employer contribution / active EE | $1,251 | $1,801-30.6% | $3,949-68.3% | $3,034-58.8% |
| Participant deferral / active EE | $4,432 | $4,248+4.3% | $6,276-29.4% | $5,087-12.9% |
| Admin fee / account holder | $320 | $145+119.9% | $10,363-96.9% | $269+18.9% |