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 |
|---|---|---|
COMMERCE BANK2 years Filed as: COMMERCE BANK FINANCIAL INSTITUTION Service code 26 7650 EDINBOROUGH WAY · EDINA, MN 55435 | Advisory (Participants) | $19,429 |
NEWPORT GROUP, INC.6 years Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $8,041 |
Filed as: WEALTH ENHANCEMENT ADVISORY Service code 26 505 HIGHWAY 169 N · PLYMOUTH, MN 554414723 | Advisory (Participants) | $6,489 |
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 | $80,023 | $27,839+187.5% | $58,482+36.8% | $71,457+12.0% |
| Participation rate | 34.1% | 34.5%-0.5pp | 50.9%-16.8pp | 67.9%-33.9pp |
| Annual return | 17.84% | 26.81%-9.0pp | 4239.32%-4221.5pp | 28.85%-11.0pp |
| Employer contribution / active EE | $781 | $631+23.9% | $1,053-25.8% | $2,588-69.8% |
| Participant deferral / active EE | $2,087 | $1,206+73.0% | $1,924+8.5% | $4,289-51.3% |
| Admin fee / account holder | $273 | $1,641-83.4% | $2,516-89.2% | $1,587-82.8% |