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 |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $53,376 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-0140105 | Recordkeeping | $43,157 |
ADP BROKER-DEALER2 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,347 | $59,054+32.7% | $97,167-19.4% | $77,671+0.9% |
| Participation rate | 65.4% | 67.9%-2.5pp | 72.7%-7.3pp | 70.6%-5.2pp |
| Annual return | 13.96% | 16.96%-3.0pp | 75.27%-61.3pp | 31.21%-17.2pp |
| Employer contribution / active EE | $1,243 | $1,742-28.6% | $2,729-54.4% | $2,726-54.4% |
| Participant deferral / active EE | $3,338 | $3,930-15.1% | $4,264-21.7% | $4,648-28.2% |
| Admin fee / account holder | $210 | $346-39.2% | $5,650-96.3% | $430-51.1% |