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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $19,798 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $33,201 | $46,072-27.9% | $70,014-52.6% | $55,167-39.8% |
| Participation rate | 98.5% | 67.5%+31.0pp | 71.8%+26.7pp | 69.0%+29.5pp |
| Annual return | 7.02% | 8.68%-1.7pp | 12.99%-6.0pp | 169.23%-162.2pp |
| Employer contribution / active EE | $1,399 | $1,500-6.7% | $2,338-40.2% | $1,963-28.7% |
| Participant deferral / active EE | $2,096 | $2,344-10.6% | $2,931-28.5% | $3,054-31.4% |
| Admin fee / account holder | $121 | $428-71.8% | $4,380-97.2% | $504-76.0% |