See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 9-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS Service code 15 · EIN 45-6062081 | Recordkeeping | $12,856 |
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 | $123,583 | $80,753+53.0% | $136,294-9.3% | $62,292+98.4% |
| Participation rate | 86.1% | 73.5%+12.6pp | 81.9%+4.2pp | 69.5%+16.6pp |
| Annual return | 0.00% | 35.83%-35.8pp | 5155.94%-5155.9pp | 28.90%-28.9pp |
| Employer contribution / active EE | $2,788 | $2,884-3.3% | $4,695-40.6% | $2,042+36.5% |
| Participant deferral / active EE | $6,790 | $5,164+31.5% | $6,247+8.7% | $3,169+114.2% |
| Admin fee / account holder | $111 | $525-78.9% | $9,243-98.8% | $479-76.9% |