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 | $27,045 |
Service code 15 · EIN 16-1503696 | Recordkeeping | $12,846 |
BMS FINANCIAL ADVISORS2 years Filed as: BMS FINANCIAL ADVISORS, INC. Service code 16 1508 MOUNTAIN VIEW RD, #101 · RAPID CITY, SD 57702 | Consulting | $5,762 |
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 | $95,095 | $86,655+9.7% | $119,609-20.5% | $66,914+42.1% |
| Participation rate | 76.2% | 75.6%+0.6pp | 79.3%-3.1pp | 69.8%+6.4pp |
| Annual return | -15.05% | -8.00%-7.1pp | -14.97%-0.1pp | 1.58%-16.6pp |
| Employer contribution / active EE | $2,343 | $2,536-7.6% | $4,232-44.6% | $2,544-7.9% |
| Participant deferral / active EE | $4,038 | $4,358-7.3% | $5,602-27.9% | $4,237-4.7% |
| Admin fee / account holder | $534 | $755-29.2% | $10,323-94.8% | $593-9.9% |