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 |
|---|---|---|
FINANCIAL ENGINES4 years Filed as: FINANCIAL ENGINES, INC. Service code 27 · EIN 94-3250323 | Advisory (Plan) | $43,909 |
ALERUS FINANCIAL, N.A.3 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0375407 | Recordkeeping | $18,906 |
Service code 29 · EIN 43-1706479 | Legal | $17,976 |
NOVAK BIRKS, P.C.6+ years Filed as: NOVAK BIRKS P.C. Service code 10 · EIN 43-1122456 | Accounting | $11,394 |
MERTZ INSURANCE GROUP4 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,190 | $91,517+30.2% | $101,248+17.7% | $73,409+62.4% |
| Participation rate | 30.6% | 73.8%-43.2pp | 75.8%-45.2pp | 72.2%-41.6pp |
| Annual return | 9.83% | 17.17%-7.3pp | 46.47%-36.6pp | 59.29%-49.5pp |
| Employer contribution / active EE | $3,721 | $2,877+29.3% | $3,660+1.7% | $2,234+66.6% |
| Participant deferral / active EE | $0 | $3,338-100.0% | $4,370-100.0% | $3,805-100.0% |
| Admin fee / account holder | $490 | $216+126.8% | $5,945-91.8% | $158+210.1% |