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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $5,840 |
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 | $60,972 | $56,629+7.7% | $77,999-21.8% | $55,167+10.5% |
| Participation rate | 78.0% | 73.3%+4.7pp | 75.5%+2.5pp | 69.0%+9.0pp |
| Annual return | 12.03% | 2866.98%-2855.0pp | 425.96%-413.9pp | 169.23%-157.2pp |
| Employer contribution / active EE | $668 | $1,723-61.2% | $2,470-73.0% | $1,963-66.0% |
| Participant deferral / active EE | $2,710 | $2,777-2.4% | $3,497-22.5% | $3,054-11.3% |
| Admin fee / account holder | $37 | $467-92.2% | $5,480-99.3% | $504-92.8% |