Filed February 14, 2022
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 |
|---|---|---|
INTERACTIVE RETIREMENT SYSTEMS1+ years Service code 15 · EIN 41-1632187 | Recordkeeping | $13,933 |
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $5,883 |
HAWKINS ASH CPAS1+ years Service code 10 · EIN 39-0912608 | Accounting | $4,900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,343 | $39,458-51.0% | $60,547-68.1% | $55,191-65.0% |
| Participation rate | 49.3% | 59.6%-10.3pp | 68.0%-18.7pp | 69.2%-19.9pp |
| Annual return | 0.71% | 3.35%-2.6pp | 335.64%-334.9pp | 10.78%-10.1pp |
| Employer contribution / active EE | $251 | $1,210-79.3% | $2,419-89.6% | $1,899-86.8% |
| Participant deferral / active EE | $1,583 | $2,140-26.0% | $3,328-52.4% | $3,046-48.0% |
| Admin fee / account holder | $131 | $95+38.2% | $4,536-97.1% | $91+44.8% |