Filed April 25, 2019
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 9-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 | $23,019 |
CLIENTONE SECURITIES, LLC5+ years Service code 26 11460 TOMAHAWK CREEK PARKWAY · LEAWOOD, KS 66211 | Advisory (Participants) | $18,067 |
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 | $117,374 | $136,307-13.9% | $177,821-34.0% | $73,488+59.7% |
| Participation rate | 98.5% | 86.1%+12.4pp | 87.7%+10.8pp | 70.7%+27.8pp |
| Annual return | 13.47% | 18.68%-5.2pp | 48.32%-34.9pp | 28.51%-15.0pp |
| Employer contribution / active EE | $5,214 | $3,712+40.5% | $5,918-11.9% | $2,270+129.7% |
| Participant deferral / active EE | $6,723 | $5,829+15.3% | $7,714-12.8% | $3,740+79.8% |
| Admin fee / account holder | $216 | $596-63.7% | $12,427-98.3% | $513-57.9% |