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.2 years Service code 15 · EIN 46-0140105 | Recordkeeping | $8,211 |
Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 26 · EIN 52-1396995 | Advisory (Participants) | $7,802 |
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 | $20,941 | $47,977-56.4% | $154,107-86.4% | $56,287-62.8% |
| Participation rate | 39.5% | 66.2%-26.6pp | 83.0%-43.5pp | 69.9%-30.3pp |
| Annual return | 6.52% | 3.54%+3.0pp | 735.12%-728.6pp | -9.96%+16.5pp |
| Employer contribution / active EE | $0 | $2,169-100.0% | $5,298-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $411 | $2,392-82.8% | $5,081-91.9% | $3,350-87.7% |
| Admin fee / account holder | $196 | $438-55.3% | $13,411-98.5% | $521-62.4% |