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 |
|---|---|---|
ALERUS FINANCIAL, N.A.3+ years Filed as: ALERUS Service code 15 · EIN 45-0375407 | Recordkeeping | $92,263 |
CROWE LLP3+ years Filed as: CROWE HORWATH LLP Service code 15 · EIN 35-0921680 | Recordkeeping | $29,734 |
REDPATH AND COMPANY3+ years Filed as: REDPATH COMPANY, LTD Service code 10 · EIN 41-0975573 | Accounting | $10,000 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $54,183 | $155,795-65.2% | $136,294-60.2% | $69,631-22.2% |
| Participation rate | 90.3% | 75.2%+15.0pp | 81.9%+8.3pp | 70.7%+19.6pp |
| Annual return | 20.06% | 232464.33%-232444.3pp | 5155.94%-5135.9pp | 27571.02%-27551.0pp |
| Employer contribution / active EE | $2,249 | $2,991-24.8% | $4,695-52.1% | $2,032+10.7% |
| Participant deferral / active EE | $5,312 | $5,394-1.5% | $6,247-15.0% | $3,224+64.8% |
| Admin fee / account holder | $99 | $128-22.9% | $9,243-98.9% | $110-10.5% |