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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $81,170 |
TD AMERITRADE, INC.5+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 46-0119480 | Securities Custodian | $6,921 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,638 | $95,776-27.3% | $162,163-57.1% | $77,787-10.5% |
| Participation rate | 97.0% | 88.6%+8.4pp | 87.6%+9.5pp | 73.2%+23.8pp |
| Annual return | 22.28% | 37.03%-14.7pp | 115.59%-93.3pp | 32.57%-10.3pp |
| Employer contribution / active EE | $2,571 | $3,874-33.6% | $5,614-54.2% | $2,504+2.6% |
| Participant deferral / active EE | $4,200 | $6,125-31.4% | $7,298-42.4% | $3,967+5.9% |
| Admin fee / account holder | $37 | $88-58.3% | $10,843-99.7% | $100-63.5% |