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.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL NA Service code 15 · EIN 45-6062081 | Recordkeeping | $217,443 |
LEE CPA AUDIT GROUP1 year Filed as: LEE CPA GROUP Service code 10 · EIN 81-4637885 | Accounting | $13,000 |
Participant 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,181 | $122,186-71.2% | $146,958-76.1% | $199,593-82.4% |
| Participation rate | 84.5% | 78.3%+6.2pp | 82.2%+2.4pp | 72.0%+12.5pp |
| Annual return | 884.25% | 30.56%+853.7pp | 418.34%+465.9pp | 34.25%+850.0pp |
| Employer contribution / active EE | $1,539 | $4,093-62.4% | $4,933-68.8% | $3,034-49.3% |
| Participant deferral / active EE | $2,669 | $8,502-68.6% | $8,070-66.9% | $5,087-47.5% |
| Admin fee / account holder | $64 | $179-64.0% | $12,998-99.5% | $269-76.0% |