Filed January 5, 2022 (most recent of 2 filings on file)
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 6-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 |
|---|---|---|
Service code 27 8414 14TH AVE S · BLOOMINGTON, MN 55425 | Advisory (Plan) | $47,906 |
Service code 15 · EIN 16-1503696 | Recordkeeping | $24,024 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $126,059 | $132,049-4.5% | $200,582-37.2% | $74,304+69.7% |
| Participation rate | 89.2% | 84.1%+5.1pp | 86.9%+2.3pp | 60.3%+28.8pp |
| Annual return | 18.58% | 22.22%-3.6pp | 42.33%-23.8pp | 29.43%-10.9pp |
| Employer contribution / active EE | $3,269 | $4,558-28.3% | $6,419-49.1% | $2,241+45.9% |
| Participant deferral / active EE | $5,981 | $7,213-17.1% | $9,331-35.9% | $3,767+58.8% |
| Admin fee / account holder | $406 | $2,405-83.1% | $16,305-97.5% | $2,969-86.3% |