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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $54,135 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $237 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,192 | $62,624-3.9% | $177,989-66.2% | $77,643-22.5% |
| Participation rate | 41.5% | 66.8%-25.4pp | 77.1%-35.6pp | 70.6%-29.1pp |
| Annual return | 13.57% | 16.16%-2.6pp | 294.48%-280.9pp | 31.24%-17.7pp |
| Employer contribution / active EE | $694 | $1,909-63.6% | $3,949-82.4% | $2,726-74.5% |
| Participant deferral / active EE | $2,829 | $4,219-33.0% | $6,276-54.9% | $4,647-39.1% |
| Admin fee / account holder | $268 | $386-30.6% | $10,363-97.4% | $430-37.8% |