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 |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS FIANCIAL, N.A Service code 15 · EIN 45-6062081 | Recordkeeping | $47,697 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $6,295 |
CHARLES SCHWAB & CO., INC.2+ years Service code 18 · EIN 94-1737782 | Shareholder servicing fees; Custodial... | $0 |
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 | $74,909 | $57,921+29.3% | $84,750-11.6% | $57,658+29.9% |
| Participation rate | 70.4% | 72.9%-2.5pp | 76.6%-6.2pp | 70.2%+0.2pp |
| Annual return | 11.26% | 10.24%+1.0pp | 22.78%-11.5pp | 5.13%+6.1pp |
| Employer contribution / active EE | $505 | $2,598-80.5% | $3,574-85.9% | $1,974-74.4% |
| Participant deferral / active EE | $4,230 | $2,742+54.3% | $3,712+14.0% | $3,061+38.2% |
| Admin fee / account holder | $230 | $130+77.2% | $5,332-95.7% | $95+143.0% |