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 9-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 |
|---|---|---|
Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE Service code 27 505 N. HIGHWAY 169 · PLYMOUTH, MN 55441 | Advisory (Plan) | $60,881 |
NEWPORT GROUP, INC.7 years Service code 15 · EIN 27-2037969 | Recordkeeping | $15,745 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,297 | $92,055-33.4% | $106,213-42.3% | $77,643-21.1% |
| Participation rate | 39.8% | 81.0%-41.2pp | 75.3%-35.5pp | 70.6%-30.8pp |
| Annual return | 12.14% | 17.91%-5.8pp | 116.14%-104.0pp | 31.24%-19.1pp |
| Employer contribution / active EE | $1,170 | $3,367-65.3% | $3,171-63.1% | $2,726-57.1% |
| Participant deferral / active EE | $2,236 | $5,386-58.5% | $5,016-55.4% | $4,647-51.9% |
| Admin fee / account holder | $271 | $219+23.6% | $11,033-97.5% | $430-37.1% |