Filed November 6, 2024 (most recent of 7 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 |
|---|---|---|
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $81,628 |
JONES, KRAMER, HABER, LLP4+ years Service code 10 · EIN 46-0373103 | Accounting | $19,010 |
TD AMERITRADE, INC.4+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 46-0119480 | Securities Custodian | $7,836 |
Annual investment return 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 | $53,978 | $82,546-34.6% | $140,016-61.4% | $75,289-28.3% |
| Participation rate | 97.1% | 88.4%+8.8pp | 87.5%+9.6pp | 72.4%+24.7pp |
| Annual return | -5.61% | -0.36%-5.2pp | 651.12%-656.7pp | -0.04%-5.6pp |
| Employer contribution / active EE | $2,296 | $3,856-40.5% | $5,606-59.0% | $2,405-4.5% |
| Participant deferral / active EE | $3,751 | $5,731-34.5% | $6,927-45.8% | $3,739+0.3% |
| Admin fee / account holder | $44 | $86-48.5% | $10,705-99.6% | $102-56.8% |