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 16 · EIN 81-3320514 | Consulting | $35,566 |
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $28,968 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $125,203 | $70,475+77.7% | $100,516+24.6% | $79,858+56.8% |
| Participation rate | 84.0% | 73.7%+10.3pp | 79.4%+4.5pp | 69.6%+14.3pp |
| Annual return | 13.34% | 21.90%-8.6pp | 30.89%-17.5pp | 31.71%-18.4pp |
| Employer contribution / active EE | $1,012 | $2,165-53.3% | $3,418-70.4% | $2,471-59.0% |
| Participant deferral / active EE | $1,524 | $5,181-70.6% | $6,270-75.7% | $3,740-59.3% |
| Admin fee / account holder | $768 | $4,478-82.8% | $8,081-90.5% | $5,306-85.5% |