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 |
|---|---|---|
WEALTH ENHANCEMENT ADVISORY SVCS1 year Service code 27 505 N. HIGHWAY 169 · PLYMOUTH, MN 55441 | Advisory (Plan) | $63,340 |
NEWPORT GROUP, INC.8 years Service code 15 · EIN 27-2037969 | Recordkeeping | $20,740 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $75,790 | $104,919-27.8% | $116,228-34.8% | $85,563-11.4% |
| Participation rate | 43.6% | 78.6%-35.0pp | 74.6%-31.0pp | 66.0%-22.4pp |
| Annual return | 14.42% | 15.38%-1.0pp | 90.06%-75.6pp | 31.51%-17.1pp |
| Employer contribution / active EE | $1,449 | $3,485-58.4% | $2,994-51.6% | $2,654-45.4% |
| Participant deferral / active EE | $2,719 | $5,306-48.8% | $4,953-45.1% | $4,375-37.9% |
| Admin fee / account holder | $352 | $429-17.9% | $11,989-97.1% | $834-57.8% |