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 |
|---|---|---|
Service code 16 · EIN 35-0921680 154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911 | Consulting | $49,068 |
ALERUS FINANCIAL, N.A.5+ years Filed as: ALERUS Service code 21 · EIN 45-6062081 | Bank Trustee | $41,667 |
GRANT THORNTON LLP4 years Service code 10 171 N. CLARK STREET, SUITE 200 · CHICAGO, IL 60601 | Accounting | $25,875 |
SUMMIT FIDUCIARY GROUP1 year Service code 21 · EIN 92-3858998 | Bank Trustee | $8,333 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,004 | $118,450-88.2% | $98,439-85.8% | $139,434-90.0% |
| Participation rate | 0.0% | 77.4%-77.4pp | 75.2%-75.2pp | 80.3%-80.3pp |
| Annual return | 24.16% | 18.94%+5.2pp | 21.16%+3.0pp | 372.94%-348.8pp |
| Employer contribution / active EE | $0 | $3,609-100.0% | $3,048-100.0% | $4,751-100.0% |
| Participant deferral / active EE | $0 | $5,392-100.0% | $4,738-100.0% | $6,710-100.0% |
| Admin fee / account holder | $129 | $14,026-99.1% | $8,948-98.6% | $11,403-98.9% |