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.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $16,602 |
SPECTRUM INVESTMENT ADVISORS2 years Filed as: SPECTRUM INVESTMENT ADVISORS, INC. Service code 26 · EIN 39-1828175 | Advisory (Participants) | $11,810 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,307 | $85,713-69.3% | $86,677-69.6% | - |
| Participation rate | 96.0% | 72.2%+23.8pp | 76.6%+19.4pp | - |
| Annual return | -16.66% | -20.12%+3.5pp | 35.91%-52.6pp | - |
| Employer contribution / active EE | $1,770 | $1,789-1.1% | $2,836-37.6% | - |
| Participant deferral / active EE | $3,166 | $3,318-4.6% | $4,656-32.0% | - |
| Admin fee / account holder | $222 | $28,935-99.2% | $7,493-97.0% | - |