Filed August 16, 2018 (most recent of 2 filings on file)
Total covered: 59 employees
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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $157,460 |
COMMONWEALTH FINANCIAL NETWORK8+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $27,393 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,503 | $46,292+58.8% | $143,757-48.9% | $64,808+13.4% |
| Participation rate | 82.4% | 64.2%+18.2pp | 80.3%+2.1pp | 71.5%+10.9pp |
| Annual return | -17.09% | -10.05%-7.0pp | -0.04%-17.1pp | 32.82%-49.9pp |
| Employer contribution / active EE | $3,023 | $1,910+58.3% | $4,951-38.9% | $2,506+20.6% |
| Participant deferral / active EE | $4,182 | $2,646+58.1% | $5,637-25.8% | $4,310-3.0% |
| Admin fee / account holder | $201 | $154+30.5% | $14,673-98.6% | $188+6.9% |