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 | $19,684 |
MURET CPA, PLLC1 year Service code 10 · EIN 20-0541859 | Accounting | $16,500 |
ASSURANCE DIMENSIONS2 years Filed as: ASSURANCE FINANCIAL SERVICES Service code 26 1750 EAST GOLF ROAD · SCHAUMBURG, IL 60173 | Advisory (Participants) | $13,056 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $24,380 | $99,957-75.6% | $149,696-83.7% | $73,488-66.8% |
| Participation rate | 92.6% | 75.7%+16.9pp | 82.5%+10.1pp | 70.7%+21.9pp |
| Annual return | 7.38% | 53.87%-46.5pp | 276.60%-269.2pp | 28.51%-21.1pp |
| Employer contribution / active EE | $902 | $3,191-71.7% | $4,644-80.6% | $2,270-60.3% |
| Participant deferral / active EE | $3,239 | $6,073-46.7% | $6,842-52.7% | $3,740-13.4% |
| Admin fee / account holder | $362 | $551-34.3% | $9,309-96.1% | $513-29.4% |