See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1 year Filed as: LPL FINANCIAL , LLC Service code 27 · EIN 95-2834236 | Advisory (Plan) | $41,627 |
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $35,342 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,937 | $57,831-36.1% | $82,389-55.2% | $85,563-56.8% |
| Participation rate | 37.4% | 55.0%-17.6pp | 69.5%-32.1pp | 66.0%-28.5pp |
| Annual return | 12.65% | 17.86%-5.2pp | 28.67%-16.0pp | 31.51%-18.9pp |
| Employer contribution / active EE | $849 | $1,643-48.3% | $2,517-66.3% | $2,654-68.0% |
| Participant deferral / active EE | $1,786 | $3,118-42.7% | $4,155-57.0% | $4,375-59.2% |
| Admin fee / account holder | $216 | $1,391-84.5% | $7,231-97.0% | $834-74.2% |