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 | $27,486 |
CHARLES SCHWAB & CO., INC.10+ years Filed as: REA & ASSOCIATES, INC. Service code 10 · EIN 34-1310124 | Accounting | $17,830 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,132 | $78,485+7.2% | $106,213-20.8% | $74,495+12.9% |
| Participation rate | 66.2% | 72.8%-6.6pp | 75.3%-9.1pp | 67.2%-1.0pp |
| Annual return | 11.54% | 15.95%-4.4pp | 116.14%-104.6pp | 1364.94%-1353.4pp |
| Employer contribution / active EE | $1,459 | $2,523-42.2% | $3,171-54.0% | $2,623-44.4% |
| Participant deferral / active EE | $3,751 | $4,322-13.2% | $5,016-25.2% | $4,346-13.7% |
| Admin fee / account holder | $458 | $2,232-79.5% | $11,033-95.9% | $1,942-76.4% |