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 | $29,414 |
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 | $57,616 | $64,909-11.2% | $82,313-30.0% | $62,292-7.5% |
| Participation rate | 100.0% | 74.9%+25.1pp | 76.9%+23.1pp | 69.5%+30.5pp |
| Annual return | 21.89% | 21.18%+0.7pp | 25.88%-4.0pp | 28.90%-7.0pp |
| Employer contribution / active EE | $4,802 | $1,676+186.5% | $2,428+97.7% | $2,042+135.1% |
| Participant deferral / active EE | $3,596 | $3,103+15.9% | $3,706-3.0% | $3,169+13.5% |
| Admin fee / account holder | $200 | $440-54.5% | $5,608-96.4% | $479-58.3% |