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 |
|---|---|---|
PFG2 years Service code 14 · EIN 42-0127290 | Plan Administrator | $54,647 |
ALERUS FINANCIAL, N.A.6 years Filed as: ALERUS Service code 24 · EIN 45-6062081 | Discretionary Trustee | $38,013 |
REDPATH AND COMPANY1 year Filed as: REDPATH AND COMPANY, LLC Service code 10 · EIN 92-0370318 | Accounting | $15,600 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,516 | $82,202-10.6% | $125,339-41.3% | $64,808+13.4% |
| Participation rate | 99.0% | 77.9%+21.1pp | 82.4%+16.6pp | 71.5%+27.5pp |
| Annual return | 16.22% | 3.48%+12.7pp | 572.05%-555.8pp | 32.82%-16.6pp |
| Employer contribution / active EE | $8,062 | $3,615+123.0% | $4,814+67.5% | $2,506+221.7% |
| Participant deferral / active EE | $0 | $7,175-100.0% | $7,446-100.0% | $4,310-100.0% |
| Admin fee / account holder | $82 | $163-50.1% | $10,010-99.2% | $188-56.6% |