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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $159,165 |
COMMONWEALTH FINANCIAL NETWORK9+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $24,962 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,481 | $47,126+66.5% | $149,673-47.6% | $74,419+5.5% |
| Participation rate | 86.0% | 63.4%+22.6pp | 78.8%+7.2pp | 70.7%+15.2pp |
| Annual return | 17.97% | 22.75%-4.8pp | 134.42%-116.5pp | 34.38%-16.4pp |
| Employer contribution / active EE | $3,331 | $1,905+74.8% | $4,818-30.9% | $2,637+26.3% |
| Participant deferral / active EE | $4,474 | $2,728+64.0% | $5,680-21.2% | $4,528-1.2% |
| Admin fee / account holder | $192 | $343-44.0% | $13,210-98.5% | $348-44.9% |