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 10-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 |
|---|---|---|
AKT LLP1+ years Filed as: AKT WEALTH ADVISORS, LLC Service code 28 · EIN 93-1244319 | Investment Management | $81,250 |
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS RETIREMENT SOLUTION Service code 15 · EIN 45-6062081 | Recordkeeping | $11,776 |
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 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 | $89,875 | $51,769+73.6% | $57,343+56.7% | $52,331+71.7% |
| Participation rate | 100.0% | 75.2%+24.8pp | 75.1%+24.9pp | 68.1%+31.9pp |
| Annual return | -0.91% | 2.43%-3.3pp | 24.39%-25.3pp | 4.54%-5.5pp |
| Employer contribution / active EE | $9,759 | $2,335+317.9% | $2,689+263.0% | $1,882+418.6% |
| Participant deferral / active EE | $2,445 | $2,794-12.5% | $3,162-22.7% | $3,022-19.1% |
| Admin fee / account holder | $421 | $295+42.8% | $3,356-87.5% | $592-28.8% |