Filed March 15, 2018
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 |
|---|---|---|
MELD FINANCIAL, INC.3+ years Service code 27 · EIN 63-1149380 | Advisory (Plan) | $235,423 |
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS FINANCIAL, N.A Service code 15 · EIN 45-6062081 | Recordkeeping | $31,169 |
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408 | Securities Custodian | $1,486 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $63,064 | $46,173+36.6% | $170,442-63.0% | $69,631-9.4% |
| Participation rate | 96.9% | 63.9%+33.0pp | 83.6%+13.3pp | 70.7%+26.2pp |
| Annual return | 17.33% | 21.62%-4.3pp | 205.93%-188.6pp | 27571.02%-27553.7pp |
| Employer contribution / active EE | $5,706 | $1,610+254.5% | $5,433+5.0% | $2,032+180.8% |
| Participant deferral / active EE | $5,622 | $2,080+170.3% | $4,939+13.8% | $3,224+74.4% |
| Admin fee / account holder | $486 | $116+318.9% | $13,880-96.5% | $110+339.8% |