Filed December 13, 2021 (most recent of 14 filings on file)
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 |
|---|---|---|
Filed as: PRINCIPAL Service code 15 · EIN 42-0127290 | Recordkeeping | $91,640 |
ALERUS FINANCIAL, N.A.3+ years Filed as: ALERUS Service code 25 · EIN 45-5052081 | Directed Trustee | $53,332 |
GRANT THORNTON LLP3+ years Filed as: GRANT THORNTON Service code 10 · EIN 36-6055558 | Accounting | $14,500 |
Participant contribution per participant 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 | $247,475 | $64,311+284.8% | $110,238+124.5% | $75,289+228.7% |
| Participation rate | 99.6% | 79.3%+20.4pp | 79.8%+19.8pp | 72.4%+27.2pp |
| Annual return | 14.65% | -1.74%+16.4pp | 314.74%-300.1pp | -0.04%+14.7pp |
| Employer contribution / active EE | $10,454 | $2,404+334.9% | $3,826+173.2% | $2,405+334.7% |
| Participant deferral / active EE | $0 | $3,892-100.0% | $4,672-100.0% | $3,739-100.0% |
| Admin fee / account holder | $62 | $88-28.8% | $8,547-99.3% | $102-39.0% |