Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 |
|---|---|---|
MONETA GROUP LLC9 years Filed as: MONETA GROUP Service code 60 · EIN 20-1903821 | Sub-TA Fees | $44,578 |
ALERUS FINANCIAL, N.A.6 years Service code 15 · EIN 45-6062081 | Recordkeeping | $30,642 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $122,185 | $88,982+37.3% | $102,438+19.3% | $77,671+57.3% |
| Participation rate | 25.8% | 80.9%-55.1pp | 76.5%-50.7pp | 70.6%-44.8pp |
| Annual return | 13.34% | 25.01%-11.7pp | 29.37%-16.0pp | 31.21%-17.9pp |
| Employer contribution / active EE | $1,413 | $2,698-47.6% | $3,024-53.3% | $2,726-48.2% |
| Participant deferral / active EE | $2,881 | $5,144-44.0% | $5,054-43.0% | $4,648-38.0% |
| Admin fee / account holder | $416 | $236+76.5% | $9,448-95.6% | $430-3.4% |