Filed December 29, 2015
Total covered: 3 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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $10,624 |
Filed as: SPECTRUM INVESTMENT ADVISORS, INC. Service code 26 · EIN 39-1828175 | Advisory (Participants) | $6,892 |
PAYCHEX, INC.4 years Service code 15 · EIN 16-1124166 | Recordkeeping | $5,086 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,556 | $86,286-63.4% | $111,297-71.6% | $85,850-63.2% |
| Participation rate | 92.8% | 73.3%+19.5pp | 77.3%+15.5pp | 69.3%+23.5pp |
| Annual return | 19.55% | 19.99%-0.4pp | 54.65%-35.1pp | 318.53%-299.0pp |
| Employer contribution / active EE | $1,069 | $2,043-47.7% | $2,731-60.9% | $2,565-58.3% |
| Participant deferral / active EE | $2,652 | $3,641-27.2% | $4,487-40.9% | $3,952-32.9% |
| Admin fee / account holder | $187 | $8,188-97.7% | $7,964-97.7% | $6,260-97.0% |