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.1 year Service code 15 · EIN 46-0140105 | Recordkeeping | $4,102 |
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $1,202 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,878 | $55,453-67.8% | $170,442-89.5% | $62,292-71.3% |
| Participation rate | 40.0% | 66.4%-26.4pp | 83.6%-43.6pp | 69.5%-29.5pp |
| Annual return | 12.50% | 21.38%-8.9pp | 205.93%-193.4pp | 28.90%-16.4pp |
| Employer contribution / active EE | $0 | $2,164-100.0% | $5,433-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $335 | $2,303-85.5% | $4,939-93.2% | $3,169-89.4% |
| Admin fee / account holder | $54 | $455-88.2% | $13,880-99.6% | $479-88.8% |