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 |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL Service code 15 6849 OLD DOMINION ROAD · MCLEAN, VA 22101 | Recordkeeping | $4,717 |
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS REVENUE Service code 15 · EIN 45-6062081 | Recordkeeping | $1,592 |
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 | $27,780 | $52,884-47.5% | $84,750-67.2% | $55,167-49.6% |
| Participation rate | 13.5% | 67.5%-54.1pp | 76.6%-63.1pp | 69.0%-55.5pp |
| Annual return | 5.86% | 18.03%-12.2pp | 22.78%-16.9pp | 169.23%-163.4pp |
| Employer contribution / active EE | $0 | $2,233-100.0% | $3,574-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $294 | $2,644-88.9% | $3,712-92.1% | $3,054-90.4% |
| Admin fee / account holder | $0 | $581-100.0% | $5,332-100.0% | $504-100.0% |