See peer percentile detail with Solo.
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.
See the 10-year trajectory with Solo.
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 |
|---|---|---|
Filed as: COMMONWEALTH EQUITY SERVICES, INC. Service code 27 · EIN 04-2675571 | Advisory (Plan) | $23,959 |
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $15,402 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $35,977 | $63,346-43.2% | $92,233-61.0% | $70,131-48.7% |
| Participation rate | 93.7% | 68.7%+25.0pp | 76.5%+17.2pp | 69.5%+24.1pp |
| Annual return | 15.29% | 530.12%-514.8pp | 176.28%-161.0pp | 73.14%-57.8pp |
| Employer contribution / active EE | $2,737 | $2,471+10.8% | $3,679-25.6% | $2,342+16.9% |
| Participant deferral / active EE | $3,525 | $2,854+23.5% | $3,897-9.5% | $3,332+5.8% |
| Admin fee / account holder | $362 | $3,840-90.6% | $5,194-93.0% | $4,645-92.2% |