Filed January 8, 2021
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 |
|---|---|---|
MIDWEST CAPITAL ADVISORS, LLC3+ years Service code 27 · EIN 11-3673048 | Advisory (Plan) | $35,025 |
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $17,966 |
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 | $87,643 | $60,545+44.8% | $92,233-5.0% | $69,631+25.9% |
| Participation rate | 99.4% | 72.2%+27.2pp | 76.5%+22.9pp | 70.7%+28.7pp |
| Annual return | 16.58% | 19.71%-3.1pp | 176.28%-159.7pp | 27571.02%-27554.4pp |
| Employer contribution / active EE | $1,394 | $2,633-47.1% | $3,679-62.1% | $2,032-31.4% |
| Participant deferral / active EE | $5,421 | $2,828+91.7% | $3,897+39.1% | $3,224+68.2% |
| Admin fee / account holder | $149 | $145+3.2% | $5,194-97.1% | $110+35.2% |