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 |
|---|---|---|
NICOLET NATIONAL BANK6 years Service code 26 · EIN 39-1990426 | Advisory (Participants) | $29,740 |
ALERUS FINANCIAL, N.A.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $20,097 |
HAWKINS ASH CPAS7+ years Service code 10 · EIN 39-0912608 | Accounting | $5,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,458 | $60,776-61.4% | $85,682-72.6% | $79,386-70.5% |
| Participation rate | 51.4% | 62.1%-10.7pp | 69.9%-18.5pp | 70.7%-19.4pp |
| Annual return | 13.20% | 16.57%-3.4pp | 21.49%-8.3pp | 116.85%-103.6pp |
| Employer contribution / active EE | $330 | $1,663-80.2% | $2,618-87.4% | $2,427-86.4% |
| Participant deferral / active EE | $1,917 | $2,919-34.3% | $3,923-51.1% | $4,046-52.6% |
| Admin fee / account holder | $201 | $438-54.1% | $6,873-97.1% | $626-67.8% |