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 | $14,896 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,545 | $77,503-28.3% | $100,391-44.7% | $80,856-31.3% |
| Participation rate | 97.7% | 76.9%+20.8pp | 81.5%+16.2pp | 67.6%+30.1pp |
| Annual return | 16.93% | 37.20%-20.3pp | 49.20%-32.3pp | 35.59%-18.7pp |
| Employer contribution / active EE | $2,966 | $2,801+5.9% | $3,942-24.8% | $2,755+7.7% |
| Participant deferral / active EE | $11,115 | $6,820+63.0% | $8,082+37.5% | $4,296+158.7% |
| Admin fee / account holder | $101 | $5,897-98.3% | $7,899-98.7% | $6,918-98.5% |