See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FRINGE BENEFITS DESIGN OF MINNESOTA Service code 15 · EIN 41-1276678 7760 FRANCE AVENUE SOUTH, SUITE 810 · BLOOMINGTON, MN 55435 | Recordkeeping | $217,861 |
MATRIX TRUST COMPANY2 years Filed as: MATRIX TRUST CO Service code 19 · EIN 75-3182674 | Securities Custodian | $16,629 |
BMS FINANCIAL ADVISORS7+ years Service code 16 · EIN 43-2073779 | Consulting | $14,094 |
REDHAWK WEALTH ADVISORS4 years Service code 27 7700 FRANCE AVENUE SOUTH · MINNEAPOLIS, MN 55434 | Advisory (Plan) | $8,564 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $39,879 | $67,512-40.9% | $185,823-78.5% | $93,030-57.1% |
| Participation rate | 49.7% | 67.1%-17.4pp | 81.7%-32.0pp | 73.9%-24.2pp |
| Annual return | 10.40% | 21.04%-10.6pp | 122.05%-111.7pp | 158.70%-148.3pp |
| Employer contribution / active EE | $845 | $1,783-52.6% | $5,167-83.7% | $2,706-68.8% |
| Participant deferral / active EE | $1,345 | $3,035-55.7% | $5,568-75.8% | $4,562-70.5% |
| Admin fee / account holder | $228 | $318-28.3% | $16,237-98.6% | $152+50.2% |