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.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $12,616 |
BAM ADVISOR SERVICES1 year Service code 26 · EIN 20-8307105 | Advisory (Participants) | $3,256 |
Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $180 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,911 | $27,641-49.7% | $61,373-77.3% | $68,494-79.7% |
| Participation rate | 79.5% | 39.5%+40.0pp | 52.6%+26.9pp | 67.9%+11.6pp |
| Annual return | -13.15% | -13.24%+0.1pp | 338.61%-351.8pp | -7.84%-5.3pp |
| Employer contribution / active EE | $1,139 | $695+63.7% | $1,159-1.8% | $2,596-56.1% |
| Participant deferral / active EE | $1,633 | $1,263+29.3% | $2,125-23.2% | $4,027-59.5% |
| Admin fee / account holder | $203 | $2,010-89.9% | $2,130-90.4% | $5,403-96.2% |