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: FRINGE BENEFITS DESIGN OF MN, INC Service code 15 · EIN 41-1276678 | Recordkeeping | $52,908 |
BMS FINANCIAL ADVISORS1 year Filed as: BMS ADVISORS Service code 16 · EIN 43-2073779 | Consulting | $5,706 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,516 | $71,192+39.8% | $117,854-15.6% | $62,292+59.8% |
| Participation rate | 69.2% | 74.2%-5.1pp | 79.7%-10.5pp | 69.5%-0.4pp |
| Annual return | 14.15% | 18.66%-4.5pp | 335.08%-320.9pp | 28.90%-14.7pp |
| Employer contribution / active EE | $1,690 | $1,934-12.6% | $3,786-55.4% | $2,042-17.3% |
| Participant deferral / active EE | $3,151 | $3,189-1.2% | $4,482-29.7% | $3,169-0.6% |
| Admin fee / account holder | $763 | $587+29.9% | $8,020-90.5% | $479+59.1% |