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.5 years Service code 15 · EIN 45-6062081 | Recordkeeping | $22,401 |
UNITED BENEFITS GROUP2 years Service code 13 PO BOX 169005 · KANSAS CITY, MO 64116 | Contract Administrator | $1,544 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $160 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,166 | $65,862-13.2% | $124,672-54.1% | $79,386-28.0% |
| Participation rate | 34.7% | 62.2%-27.6pp | 74.6%-39.9pp | 70.7%-36.0pp |
| Annual return | 14.83% | 19.02%-4.2pp | 5142.93%-5128.1pp | 116.85%-102.0pp |
| Employer contribution / active EE | $415 | $1,883-78.0% | $3,324-87.5% | $2,427-82.9% |
| Participant deferral / active EE | $1,533 | $2,772-44.7% | $4,614-66.8% | $4,046-62.1% |
| Admin fee / account holder | $190 | $673-71.8% | $7,493-97.5% | $626-69.7% |