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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $166,717 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $78,195 |
COMMONWEALTH FINANCIAL NETWORK10+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $30,470 |
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING, LLC Service code 26 · EIN 84-4519624 | Advisory (Participants) | $0 |
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 | $108,589 | $50,815+113.7% | $155,509-30.2% | $77,643+39.9% |
| Participation rate | 87.5% | 63.1%+24.4pp | 78.2%+9.3pp | 70.6%+16.9pp |
| Annual return | 15.16% | 34.80%-19.6pp | 64.67%-49.5pp | 31.24%-16.1pp |
| Employer contribution / active EE | $3,520 | $1,993+76.7% | $4,672-24.7% | $2,726+29.1% |
| Participant deferral / active EE | $4,407 | $2,822+56.2% | $5,626-21.7% | $4,647-5.2% |
| Admin fee / account holder | $358 | $437-18.0% | $15,912-97.7% | $430-16.8% |