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.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $23,375 |
Filed as: MESIROW FINANCIAL INV. MGMT., INC. Service code 26 · EIN 36-3429599 | Advisory (Participants) | $13,225 |
Filed as: CHARLES SCHWAB INV. MGMT. INC. Service code 19 · EIN 94-3106735 | Securities Custodian | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $27,274 | $63,299-56.9% | $91,001-70.0% | $62,292-56.2% |
| Participation rate | 96.7% | 73.3%+23.4pp | 75.6%+21.1pp | 69.5%+27.2pp |
| Annual return | 12.29% | 20.99%-8.7pp | 4.60%+7.7pp | 28.90%-16.6pp |
| Employer contribution / active EE | $0 | $1,807-100.0% | $2,456-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,472 | $2,943-50.0% | $3,547-58.5% | $3,169-53.6% |
| Admin fee / account holder | $167 | $468-64.3% | $5,417-96.9% | $479-65.1% |