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 |
|---|---|---|
ALERUS FINANCIAL, N.A.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $20,938 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $71,911 | $65,376+10.0% | $87,100-17.4% | $65,185+10.3% |
| Participation rate | 70.9% | 75.3%-4.4pp | 76.9%-5.9pp | 70.2%+0.7pp |
| Annual return | 25.31% | 31.27%-6.0pp | 28.19%-2.9pp | 29.38%-4.1pp |
| Employer contribution / active EE | $1,078 | $1,822-40.9% | $2,521-57.3% | $2,177-50.5% |
| Participant deferral / active EE | $2,971 | $3,388-12.3% | $4,049-26.6% | $3,514-15.4% |
| Admin fee / account holder | $196 | $520-62.2% | $7,497-97.4% | $847-76.8% |