Filed May 31, 2017
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 |
|---|---|---|
Filed as: STRONG TOWER ADVISORY Service code 27 333 SEVENTH STREET · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $20,000 |
Filed as: COPELAND BUHL & COMPANY, PLLP Service code 10 800 EAST WAYZATA BLVD · WAYZATA, MN 55391 | Accounting | $11,900 |
Service code 13 7365 KIRKWOOD COURT N · MAPLE GROVE, MN 55369 | Contract Administrator | $10,833 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,092 | $84,000-65.4% | $119,609-75.7% | $77,904-62.7% |
| Participation rate | 94.3% | 77.8%+16.5pp | 79.3%+15.1pp | 73.7%+20.6pp |
| Annual return | -16.86% | -11.59%-5.3pp | -14.97%-1.9pp | 12.21%-29.1pp |
| Employer contribution / active EE | $701 | $2,907-75.9% | $4,232-83.4% | $2,848-75.4% |
| Participant deferral / active EE | $4,834 | $4,705+2.7% | $5,602-13.7% | $4,806+0.6% |
| Admin fee / account holder | $16 | $116-85.9% | $10,323-99.8% | $133-87.7% |