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.5+ years Filed as: ALERUS Service code 15 · EIN 45-0375407 | Recordkeeping | $52,858 |
CROWE LLP2 years Service code 15 · EIN 35-0921680 | Recordkeeping | $29,161 |
REDPATH AND COMPANY5+ years Filed as: REDPATH COMPANY, LTD Service code 10 · EIN 41-0975573 | Accounting | $11,200 |
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 | $66,410 | $88,122-24.6% | $141,162-53.0% | $67,579-1.7% |
| Participation rate | 96.1% | 76.5%+19.6pp | 82.5%+13.6pp | 71.3%+24.8pp |
| Annual return | 22.31% | 75.40%-53.1pp | 71.39%-49.1pp | 378.56%-356.2pp |
| Employer contribution / active EE | $2,254 | $3,224-30.1% | $4,735-52.4% | $2,148+4.9% |
| Participant deferral / active EE | $5,657 | $5,958-5.0% | $6,709-15.7% | $3,539+59.8% |
| Admin fee / account holder | $71 | $131-45.6% | $10,261-99.3% | $142-50.0% |