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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,419 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $120,282 | $54,762+119.6% | $90,281+33.2% | $72,985+64.8% |
| Participation rate | 82.6% | 65.1%+17.5pp | 73.3%+9.3pp | 69.5%+13.1pp |
| Annual return | 23.27% | 30.63%-7.4pp | 78.10%-54.8pp | 81.00%-57.7pp |
| Employer contribution / active EE | $3,395 | $2,092+62.3% | $2,854+19.0% | $2,440+39.2% |
| Participant deferral / active EE | $3,658 | $2,887+26.7% | $3,885-5.9% | $3,607+1.4% |
| Admin fee / account holder | $127 | $3,972-96.8% | $5,351-97.6% | $5,124-97.5% |