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 | $103,346 |
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS Service code 25 · EIN 45-5052081 | Directed Trustee | $53,680 |
GRANT THORNTON LLP4+ 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.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $260,144 | $73,125+255.8% | $125,175+107.8% | $77,787+234.4% |
| Participation rate | 99.9% | 79.4%+20.5pp | 79.8%+20.1pp | 73.2%+26.7pp |
| Annual return | 15.57% | 24.71%-9.1pp | 43.79%-28.2pp | 32.57%-17.0pp |
| Employer contribution / active EE | $11,607 | $2,413+381.0% | $3,865+200.3% | $2,504+363.5% |
| Participant deferral / active EE | $0 | $3,966-100.0% | $4,937-100.0% | $3,967-100.0% |
| Admin fee / account holder | $63 | $89-30.0% | $9,702-99.4% | $100-37.5% |