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 LLP1 year Service code 15 · EIN 35-0921680 | Recordkeeping | $65,144 |
REDPATH AND COMPANY3+ years Filed as: REDPATH AND COMPANY, LTD. Service code 10 · EIN 41-0975573 | Accounting | $13,900 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS Service code 21 · EIN 45-0375407 | Bank Trustee | $10,150 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,760 | $75,388-20.7% | $123,544-51.6% | $55,725+7.2% |
| Participation rate | 99.6% | 75.7%+23.9pp | 82.3%+17.3pp | 70.9%+28.7pp |
| Annual return | 7.66% | 4.48%+3.2pp | 119.20%-111.5pp | 244.93%-237.3pp |
| Employer contribution / active EE | $3,100 | $3,063+1.2% | $4,628-33.0% | $2,078+49.2% |
| Participant deferral / active EE | $0 | $5,651-100.0% | $6,426-100.0% | $3,356-100.0% |
| Admin fee / account holder | $96 | $120-20.0% | $9,284-99.0% | $115-16.8% |