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.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $32,476 |
CBIZ RETIREMENT PLAN SERVICES1+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 26 · EIN 22-2769024 | Advisory (Participants) | $29,863 |
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 | $45,972 | $72,770-36.8% | $67,652-32.0% | $55,191-16.7% |
| Participation rate | 66.8% | 78.8%-12.0pp | 75.7%-8.9pp | 69.2%-2.4pp |
| Annual return | 2.83% | -3.26%+6.1pp | 6625.04%-6622.2pp | 10.78%-7.9pp |
| Employer contribution / active EE | $2,097 | $1,769+18.5% | $2,266-7.5% | $1,899+10.4% |
| Participant deferral / active EE | $3,542 | $3,408+3.9% | $3,560-0.5% | $3,046+16.3% |
| Admin fee / account holder | $184 | $79+134.0% | $4,821-96.2% | $91+103.2% |