Filed August 16, 2018 (most recent of 2 filings on file)
Total covered: 59 employees
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.
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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 | $145,697 |
COMMONWEALTH FINANCIAL NETWORK7+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $48,437 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,879 | $56,485+68.0% | $185,823-48.9% | $86,799+9.3% |
| Participation rate | 81.3% | 65.5%+15.8pp | 81.7%-0.5pp | 72.3%+9.0pp |
| Annual return | 15.63% | 118.04%-102.4pp | 122.05%-106.4pp | 97.91%-82.3pp |
| Employer contribution / active EE | $3,113 | $1,843+68.9% | $5,167-39.8% | $2,405+29.4% |
| Participant deferral / active EE | $3,934 | $2,553+54.1% | $5,568-29.3% | $4,131-4.8% |
| Admin fee / account holder | $227 | $150+51.4% | $16,237-98.6% | $170+33.6% |