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, LLC6+ years Service code 27 · EIN 11-3673048 | Advisory (Plan) | $41,650 |
ALERUS FINANCIAL, N.A.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $31,285 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $132,825 | $91,517+45.1% | $101,248+31.2% | $73,409+80.9% |
| Participation rate | 98.6% | 73.8%+24.8pp | 75.8%+22.8pp | 72.2%+26.4pp |
| Annual return | 13.74% | 17.17%-3.4pp | 46.47%-32.7pp | 59.29%-45.5pp |
| Employer contribution / active EE | $8,844 | $2,877+207.4% | $3,660+141.7% | $2,234+295.9% |
| Participant deferral / active EE | $7,227 | $3,338+116.5% | $4,370+65.4% | $3,805+89.9% |
| Admin fee / account holder | $187 | $216-13.4% | $5,945-96.9% | $158+18.4% |