Filed July 31, 2020
See peer percentile detail with Solo.
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.
See the 4-year trajectory with Solo.
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 |
|---|---|---|
LPL FINANCIAL4+ years Filed as: LPL FINANCIAL LLC Service code 18 · EIN 45-2992935 | Direct payment from the plan; Custodi... | $63,662 |
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 | Recordkeeping | $49,181 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,529 | $89,588-46.9% | $136,007-65.1% | $77,643-38.8% |
| Participation rate | 97.5% | 74.3%+23.2pp | 76.5%+21.1pp | 70.6%+27.0pp |
| Annual return | 16.32% | 17.42%-1.1pp | 579.32%-563.0pp | 31.24%-14.9pp |
| Employer contribution / active EE | $4,211 | $3,491+20.6% | $4,217-0.1% | $2,726+54.5% |
| Participant deferral / active EE | $6,587 | $5,591+17.8% | $7,025-6.2% | $4,647+41.7% |
| Admin fee / account holder | $196 | $539-63.6% | $6,858-97.1% | $430-54.5% |