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 | $16,701 |
FUTURE BRIGHT LLC2 years Filed as: FUTURE BRINGS LLC Service code 26 · EIN 46-4610202 | Advisory (Participants) | $11,944 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $23,528 | $25,165-6.5% | $73,545-68.0% | $77,958-69.8% |
| Participation rate | 10.6% | 36.6%-26.0pp | 54.9%-44.4pp | 71.6%-61.1pp |
| Annual return | 24.93% | 18.12%+6.8pp | -15.16%+40.1pp | 20.87%+4.1pp |
| Employer contribution / active EE | $186 | $395-53.0% | $1,219-84.8% | $2,310-92.0% |
| Participant deferral / active EE | $317 | $898-64.7% | $1,806-82.5% | $3,537-91.0% |
| Admin fee / account holder | $203 | $76+168.2% | $2,320-91.2% | $97+108.6% |