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 |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $11,631 |
SELECT MONEY MANAGEMENT, INC.2+ years Service code 27 · EIN 27-1789323 | Advisory (Plan) | $7,511 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $52 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,773 | $43,423-75.2% | $78,689-86.3% | $55,167-80.5% |
| Participation rate | 96.1% | 68.0%+28.1pp | 73.6%+22.6pp | 69.0%+27.1pp |
| Annual return | 14.26% | 11.53%+2.7pp | 62.18%-47.9pp | 169.23%-155.0pp |
| Employer contribution / active EE | $0 | $1,997-100.0% | $2,851-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $1,262 | $2,509-49.7% | $3,517-64.1% | $3,054-58.7% |
| Admin fee / account holder | $157 | $416-62.2% | $4,510-96.5% | $504-68.8% |