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.2 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0375407 | Recordkeeping | $36,466 |
FINANCIAL ENGINES3 years Filed as: FINANCIAL ENGINES, INC. Service code 27 · EIN 94-3250323 | Advisory (Plan) | $34,256 |
NOVAK BIRKS, P.C.5+ years Filed as: NOVAK BIRKS P.C. Service code 10 · EIN 43-1122456 | Accounting | $25,616 |
Service code 29 · EIN 43-1706479 | Legal | $6,366 |
MERTZ INSURANCE GROUP3 years Service code 23 323 CASTLE PINE CIRCLE · PAPILLION, NE 68133 | Insurance services | $5,739 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,614 | $66,601+42.1% | $92,893+1.9% | $67,579+40.0% |
| Participation rate | 35.8% | 72.5%-36.7pp | 76.0%-40.2pp | 71.3%-35.4pp |
| Annual return | 17.57% | 92.58%-75.0pp | 109.41%-91.8pp | 378.56%-361.0pp |
| Employer contribution / active EE | $3,852 | $2,775+38.8% | $3,653+5.5% | $2,148+79.3% |
| Participant deferral / active EE | $3 | $3,157-99.9% | $4,236-99.9% | $3,539-99.9% |
| Admin fee / account holder | $464 | $199+133.2% | $5,794-92.0% | $142+226.0% |