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 |
|---|---|---|
SPECTRUM INVESTMENT ADVISORS4 years Filed as: SPECTRUM INVESTMENT ADVISORS, INC. Service code 26 · EIN 39-1828175 | Advisory (Participants) | $17,005 |
ALERUS FINANCIAL, N.A.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $16,917 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,263 | $86,929-49.1% | $102,423-56.8% | $80,856-45.3% |
| Participation rate | 97.8% | 72.4%+25.4pp | 76.5%+21.3pp | 67.6%+30.1pp |
| Annual return | 15.68% | 18.88%-3.2pp | 29.32%-13.6pp | 35.59%-19.9pp |
| Employer contribution / active EE | $2,711 | $2,369+14.4% | $3,023-10.3% | $2,755-1.6% |
| Participant deferral / active EE | $4,915 | $4,118+19.3% | $5,053-2.7% | $4,296+14.4% |
| Admin fee / account holder | $267 | $8,049-96.7% | $9,451-97.2% | $6,918-96.1% |