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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $23,998 |
SWEET FINANCIAL PARTNERS2+ years Filed as: SWEET FINANCIAL SERVICES, INC. Service code 54 · EIN 41-1813845 | Sales Loads | $23,727 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $14,575 | $23,385-37.7% | $69,182-78.9% | $57,658-74.7% |
| Participation rate | 41.7% | 37.9%+3.8pp | 55.1%-13.4pp | 70.2%-28.6pp |
| Annual return | 6.44% | -659.34%+665.8pp | -21.93%+28.4pp | 5.13%+1.3pp |
| Employer contribution / active EE | $204 | $422-51.8% | $1,206-83.1% | $1,974-89.7% |
| Participant deferral / active EE | $793 | $843-5.9% | $1,897-58.2% | $3,061-74.1% |
| Admin fee / account holder | $107 | $82+30.9% | $2,697-96.0% | $95+13.7% |