See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $109,907 |
JFP BENEFIT MANAGEMENT, INC.7+ years Service code 12 · EIN 38-2719340 | Claims processing; Direct payment fro... | $18,000 |
Service code 10 · EIN 38-2771156 | Accounting | $11,700 |
SEBER TANS, PLC3 years Service code 10 · EIN 20-0503877 | Accounting | $8,475 |
MCGINTY ET AL7+ years Service code 22 · EIN 38-2060103 | Insurance Broker | $6,010 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $171,250 | $77,660+120.5% | $109,143+56.9% | $79,386+115.7% |
| Participation rate | 100.0% | 67.8%+32.2pp | 75.9%+24.1pp | 70.7%+29.3pp |
| Annual return | 12.91% | 23.44%-10.5pp | 25.75%-12.8pp | 116.85%-103.9pp |
| Employer contribution / active EE | $10,218 | $2,797+265.3% | $3,722+174.5% | $2,427+320.9% |
| Participant deferral / active EE | $0 | $3,518-100.0% | $4,653-100.0% | $4,046-100.0% |
| Admin fee / account holder | $808 | $732+10.4% | $6,752-88.0% | $626+29.0% |