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 MINNESOTA Service code 15 · EIN 41-1276678 | Recordkeeping | $9,671 |
Service code 15 · EIN 16-1503696 | Recordkeeping | $8,773 |
Service code 16 320 6TH AVE SE · ABERDEEN, SD 57401 | Consulting | $6,442 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,772 | $49,451-51.9% | $79,550-70.1% | $66,914-64.5% |
| Participation rate | 94.4% | 61.3%+33.1pp | 69.5%+24.9pp | 69.8%+24.6pp |
| Annual return | -12.64% | 84.25%-96.9pp | 0.16%-12.8pp | 1.58%-14.2pp |
| Employer contribution / active EE | $374 | $1,266-70.5% | $2,413-84.5% | $2,544-85.3% |
| Participant deferral / active EE | $1,427 | $3,159-54.8% | $3,985-64.2% | $4,237-66.3% |
| Admin fee / account holder | $202 | $595-66.0% | $6,832-97.0% | $593-65.9% |