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 |
|---|---|---|
Service code 15 · EIN 30-0219031 | Recordkeeping | $37,957 |
ALERUS FINANCIAL, N.A.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $17,470 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,509 | $79,171+39.6% | $102,423+7.9% | $74,495+48.3% |
| Participation rate | 100.0% | 74.8%+25.2pp | 76.5%+23.5pp | 67.2%+32.8pp |
| Annual return | 27.74% | 54.93%-27.2pp | 29.32%-1.6pp | 1364.94%-1337.2pp |
| Employer contribution / active EE | $3,601 | $2,362+52.4% | $3,023+19.1% | $2,623+37.3% |
| Participant deferral / active EE | $5,281 | $4,415+19.6% | $5,053+4.5% | $4,346+21.5% |
| Admin fee / account holder | $332 | $2,001-83.4% | $9,451-96.5% | $1,942-82.9% |