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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $16,898 |
FUTURE BRIGHT LLC3 years Filed as: FUTURE BRINGS LLC Service code 26 · EIN 46-4610202 | Advisory (Participants) | $16,024 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $19,852 | $23,119-14.1% | $71,086-72.1% | $75,289-73.6% |
| Participation rate | 11.6% | 36.3%-24.8pp | 54.7%-43.1pp | 72.4%-60.9pp |
| Annual return | 4.38% | -3.32%+7.7pp | 650.59%-646.2pp | -0.04%+4.4pp |
| Employer contribution / active EE | $211 | $399-47.2% | $1,088-80.6% | $2,405-91.2% |
| Participant deferral / active EE | $380 | $960-60.4% | $1,874-79.7% | $3,739-89.8% |
| Admin fee / account holder | $190 | $89+111.8% | $3,082-93.9% | $102+85.3% |