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 |
|---|---|---|
Service code 16 · EIN 81-3320514 | Consulting | $42,576 |
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $22,223 |
SCHLENNER WENNER & CO.3+ years Service code 10 · EIN 41-1656121 | Accounting | $6,900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $34,317 | $60,545-43.3% | $92,233-62.8% | $69,631-50.7% |
| Participation rate | 42.1% | 72.2%-30.1pp | 76.5%-34.4pp | 70.7%-28.6pp |
| Annual return | 18.48% | 19.71%-1.2pp | 176.28%-157.8pp | 27571.02%-27552.5pp |
| Employer contribution / active EE | $594 | $2,633-77.4% | $3,679-83.8% | $2,032-70.8% |
| Participant deferral / active EE | $1,419 | $2,828-49.8% | $3,897-63.6% | $3,224-56.0% |
| Admin fee / account holder | $333 | $145+130.4% | $5,194-93.6% | $110+202.0% |