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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $25,672 |
E. COHEN AND COMPANY, CPAS5+ years Service code 10 · EIN 52-1754364 | Accounting | $11,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $72,207 | $72,277-0.1% | $101,248-28.7% | $79,858-9.6% |
| Participation rate | 75.3% | 68.5%+6.8pp | 75.8%-0.5pp | 69.6%+5.6pp |
| Annual return | 14.09% | 22.30%-8.2pp | 46.47%-32.4pp | 31.71%-17.6pp |
| Employer contribution / active EE | $0 | $2,692-100.0% | $3,660-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,306 | $3,282-29.7% | $4,370-47.2% | $3,740-38.3% |
| Admin fee / account holder | $382 | $4,400-91.3% | $5,945-93.6% | $5,306-92.8% |