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 | $44,427 |
ALERUS FINANCIAL, N.A.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $38,890 |
SCHLENNER WENNER & CO.6+ years Service code 10 · EIN 41-1656121 | Accounting | $7,500 |
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 | $48,376 | $91,517-47.1% | $101,248-52.2% | $73,409-34.1% |
| Participation rate | 50.6% | 73.8%-23.2pp | 75.8%-25.2pp | 72.2%-21.6pp |
| Annual return | 14.78% | 17.17%-2.4pp | 46.47%-31.7pp | 59.29%-44.5pp |
| Employer contribution / active EE | $799 | $2,877-72.2% | $3,660-78.2% | $2,234-64.2% |
| Participant deferral / active EE | $1,818 | $3,338-45.5% | $4,370-58.4% | $3,805-52.2% |
| Admin fee / account holder | $428 | $216+98.5% | $5,945-92.8% | $158+171.3% |