See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FRINGE BENEFITS DESIGN OF MN, INC Service code 15 · EIN 41-1276678 7760 FRANCE AVE SOUTH · BLOOMINGTON, MN 55435 | Recordkeeping | $76,392 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $150,159 | $99,957+50.2% | $149,696+0.3% | $73,488+104.3% |
| Participation rate | 96.8% | 75.7%+21.1pp | 82.5%+14.3pp | 70.7%+26.1pp |
| Annual return | 20.35% | 53.87%-33.5pp | 276.60%-256.3pp | 28.51%-8.2pp |
| Employer contribution / active EE | $3,602 | $3,191+12.9% | $4,644-22.4% | $2,270+58.7% |
| Participant deferral / active EE | $7,483 | $6,073+23.2% | $6,842+9.4% | $3,740+100.1% |
| Admin fee / account holder | $493 | $551-10.6% | $9,309-94.7% | $513-4.0% |