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 | $46,338 |
ALERUS FINANCIAL, N.A.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $24,196 |
SCHLENNER WENNER & CO.4+ years Service code 10 · EIN 41-1656121 | Accounting | $7,100 |
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 | $29,147 | $56,443-48.4% | $83,848-65.2% | $55,725-47.7% |
| Participation rate | 43.8% | 72.0%-28.2pp | 76.1%-32.3pp | 70.9%-27.1pp |
| Annual return | -6.34% | 393.67%-400.0pp | 850.88%-857.2pp | 244.93%-251.3pp |
| Employer contribution / active EE | $663 | $2,682-75.3% | $3,631-81.7% | $2,078-68.1% |
| Participant deferral / active EE | $1,484 | $2,965-49.9% | $4,082-63.6% | $3,356-55.8% |
| Admin fee / account holder | $342 | $156+118.9% | $5,478-93.8% | $115+196.9% |