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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 16 · EIN 81-3320514 | Consulting | $40,885 |
ALERUS FINANCIAL, N.A.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $36,385 |
SCHLENNER WENNER & CO.5+ years Service code 10 · EIN 41-1656121 | Accounting | $7,300 |
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 | $39,400 | $66,601-40.8% | $92,893-57.6% | $67,579-41.7% |
| Participation rate | 44.9% | 72.5%-27.6pp | 76.0%-31.1pp | 71.3%-26.4pp |
| Annual return | 23.01% | 92.58%-69.6pp | 109.41%-86.4pp | 378.56%-355.6pp |
| Employer contribution / active EE | $669 | $2,775-75.9% | $3,653-81.7% | $2,148-68.9% |
| Participant deferral / active EE | $1,541 | $3,157-51.2% | $4,236-63.6% | $3,539-56.5% |
| Admin fee / account holder | $392 | $199+96.8% | $5,794-93.2% | $142+175.2% |