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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $15,457 |
SPECTRUM INVESTMENT ADVISORS3 years Filed as: SPECTRUM INVESTMENT ADVISORS, INC. Service code 26 · EIN 39-1828175 | Advisory (Participants) | $13,450 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,161 | $80,968-57.8% | $96,544-64.6% | $75,163-54.6% |
| Participation rate | 92.7% | 71.8%+20.9pp | 76.0%+16.7pp | 67.2%+25.5pp |
| Annual return | 19.12% | 27.06%-7.9pp | 25.84%-6.7pp | 160.62%-141.5pp |
| Employer contribution / active EE | $2,338 | $2,282+2.5% | $2,965-21.1% | $2,670-12.4% |
| Participant deferral / active EE | $4,282 | $3,928+9.0% | $4,851-11.7% | $4,125+3.8% |
| Admin fee / account holder | $224 | $6,724-96.7% | $8,252-97.3% | $5,651-96.0% |