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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $39,183 |
NICOLET NATIONAL BANK3 years Service code 26 · EIN 39-1990426 | Advisory (Participants) | $33,847 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,140 | $98,727-61.4% | $113,168-66.3% | $85,563-55.4% |
| Participation rate | 89.1% | 80.8%+8.3pp | 76.6%+12.5pp | 66.0%+23.1pp |
| Annual return | 22.68% | 17.43%+5.3pp | 24.27%-1.6pp | 31.51%-8.8pp |
| Employer contribution / active EE | $1,957 | $2,907-32.7% | $2,975-34.2% | $2,654-26.3% |
| Participant deferral / active EE | $3,425 | $5,424-36.9% | $5,107-32.9% | $4,375-21.7% |
| Admin fee / account holder | $205 | $357-42.5% | $12,068-98.3% | $834-75.4% |