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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.
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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 |
|---|---|---|
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 | Recordkeeping | $40,482 |
Filed as: CBIZ FINANICAL SOLUTIONS INC. Service code 27 · EIN 52-1396995 | Advisory (Plan) | $14,167 |
BB&T1 year Service code 24 · EIN 56-0939887 | Discretionary Trustee | $9,396 |
Filed as: CBIZ BENEFITS AND INSURANCE SERVICE Service code 13 · EIN 31-1582098 | Contract Administrator | $3,380 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $33,334 | $35,485-6.1% | $74,550-55.3% | $55,725-40.2% |
| Participation rate | 53.4% | 62.5%-9.1pp | 69.1%-15.8pp | 70.9%-17.5pp |
| Annual return | 6.16% | 0.72%+5.4pp | 32.53%-26.4pp | 244.93%-238.8pp |
| Employer contribution / active EE | $817 | $777+5.1% | $1,961-58.3% | $2,078-60.7% |
| Participant deferral / active EE | $805 | $2,181-63.1% | $3,108-74.1% | $3,356-76.0% |
| Admin fee / account holder | $235 | $114+105.2% | $5,060-95.4% | $115+103.7% |