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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $23,032 |
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 | $38,365 | $50,385-23.9% | $75,670-49.3% | $62,292-38.4% |
| Participation rate | 100.0% | 67.7%+32.3pp | 72.3%+27.7pp | 69.5%+30.5pp |
| Annual return | 14.54% | 19.90%-5.4pp | 27.34%-12.8pp | 28.90%-14.4pp |
| Employer contribution / active EE | $1,521 | $1,537-1.1% | $2,352-35.3% | $2,042-25.5% |
| Participant deferral / active EE | $2,237 | $2,445-8.5% | $3,142-28.8% | $3,169-29.4% |
| Admin fee / account holder | $132 | $384-65.5% | $5,800-97.7% | $479-72.4% |