Filed September 29, 2022 (most recent of 5 filings on file)
Total covered: 2 employees
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 |
|---|---|---|
UNITED BENEFITS GROUP4 years Service code 26 · EIN 01-0689331 | Advisory (Participants) | $8,299 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $6,474 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,939 | $58,101-48.5% | $118,925-74.8% | $73,409-59.2% |
| Participation rate | 71.7% | 56.1%+15.6pp | 75.4%-3.6pp | 72.2%-0.4pp |
| Annual return | 30.14% | 20.56%+9.6pp | 35.88%-5.7pp | 59.29%-29.2pp |
| Employer contribution / active EE | $0 | $1,445-100.0% | $3,263-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $2,042 | $2,400-14.9% | $4,265-52.1% | $3,805-46.4% |
| Admin fee / account holder | $46 | $138-66.6% | $6,581-99.3% | $158-70.8% |