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 6-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 |
|---|---|---|
SPECTRUM EMPLOYEE BENEFITS3 years Service code 12 · EIN 20-1973276 PO BOX 280 · BRECKENRIDGE, MN 56520 | Recordkeeping and information managem... | $12,031 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,415 | $50,815-55.9% | $155,509-85.6% | $77,643-71.1% |
| Participation rate | 44.7% | 63.1%-18.4pp | 78.2%-33.5pp | 70.6%-25.9pp |
| Annual return | 15.66% | 34.80%-19.1pp | 64.67%-49.0pp | 31.24%-15.6pp |
| Employer contribution / active EE | $1,084 | $1,993-45.6% | $4,672-76.8% | $2,726-60.2% |
| Participant deferral / active EE | $1,726 | $2,822-38.9% | $5,626-69.3% | $4,647-62.9% |
| Admin fee / account holder | $81 | $437-81.4% | $15,912-99.5% | $430-81.1% |