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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $9,403 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: REA & ASSOCIATES, INC. Service code 10 · EIN 34-1310124 | Accounting | $8,500 |
LPL FINANCIAL3+ years Service code 27 · EIN 95-2834236 | Advisory (Plan) | $5,415 |
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 | $40,147 | $63,299-36.6% | $91,001-55.9% | $62,292-35.5% |
| Participation rate | 69.9% | 73.3%-3.4pp | 75.6%-5.7pp | 69.5%+0.4pp |
| Annual return | 15.20% | 20.99%-5.8pp | 4.60%+10.6pp | 28.90%-13.7pp |
| Employer contribution / active EE | $817 | $1,807-54.8% | $2,456-66.7% | $2,042-60.0% |
| Participant deferral / active EE | $2,062 | $2,943-29.9% | $3,547-41.9% | $3,169-34.9% |
| Admin fee / account holder | $175 | $468-62.5% | $5,417-96.8% | $479-63.4% |