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 9-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 |
|---|---|---|
SAGEPOINT FINANCIAL INC1 year Filed as: SAGEPOINT FINANCIAL Service code 26 90 SEVENTH ST · MINNEAPOLIS, MN 55402 | Advisory (Participants) | $8,726 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $38,626 | $42,396-8.9% | $67,313-42.6% | $56,287-31.4% |
| Participation rate | 19.2% | 61.0%-41.8pp | 69.1%-49.9pp | 69.9%-50.7pp |
| Annual return | 7.57% | -36.63%+44.2pp | -4.08%+11.7pp | -9.96%+17.5pp |
| Employer contribution / active EE | $0 | $1,414-100.0% | $2,566-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $950 | $2,360-59.7% | $3,568-73.4% | $3,350-71.6% |
| Admin fee / account holder | $201 | $510-60.6% | $4,507-95.5% | $521-61.5% |