Filed July 21, 2022
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 |
|---|---|---|
CROWE LLP3+ years Filed as: CROWE HORWATH LLP Service code 15 · EIN 35-0921680 | Recordkeeping | $55,812 |
BARNA, GUZY & STEFFEN3+ years Service code 29 · EIN 41-0903208 | Legal | $21,067 |
REDPATH AND COMPANY2+ years Filed as: REDPATH AND COMPANY, LTD. Service code 10 · EIN 41-0975573 | Accounting | $13,500 |
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS Service code 21 · EIN 45-0375407 | Bank Trustee | $6,813 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,678 | $155,795-61.7% | $136,294-56.2% | $69,631-14.3% |
| Participation rate | 99.3% | 75.2%+24.0pp | 81.9%+17.3pp | 70.7%+28.6pp |
| Annual return | 14.86% | 232464.33%-232449.5pp | 5155.94%-5141.1pp | 27571.02%-27556.2pp |
| Employer contribution / active EE | $2,850 | $2,991-4.7% | $4,695-39.3% | $2,032+40.2% |
| Participant deferral / active EE | $0 | $5,394-100.0% | $6,247-100.0% | $3,224-100.0% |
| Admin fee / account holder | $98 | $128-23.4% | $9,243-98.9% | $110-11.1% |