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 8-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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $7,049 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $1,983 |
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 | $53,894 | $69,362-22.3% | $101,248-46.8% | $73,488-26.7% |
| Participation rate | 100.0% | 68.4%+31.6pp | 75.8%+24.2pp | 70.7%+29.3pp |
| Annual return | 15.00% | 18.46%-3.5pp | 46.47%-31.5pp | 28.51%-13.5pp |
| Employer contribution / active EE | $3,890 | $2,628+48.0% | $3,660+6.3% | $2,270+71.4% |
| Participant deferral / active EE | $7,426 | $3,300+125.1% | $4,370+69.9% | $3,740+98.6% |
| Admin fee / account holder | $42 | $704-94.0% | $5,945-99.3% | $513-91.7% |