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 | $63,540 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,620 | $84,936+2.0% | $111,297-22.2% | $79,386+9.1% |
| Participation rate | 79.5% | 75.9%+3.7pp | 77.3%+2.2pp | 70.7%+8.8pp |
| Annual return | 17.31% | 17.45%-0.1pp | 54.65%-37.3pp | 116.85%-99.5pp |
| Employer contribution / active EE | $1,189 | $1,979-39.9% | $2,731-56.4% | $2,427-51.0% |
| Participant deferral / active EE | $5,122 | $3,888+31.7% | $4,487+14.1% | $4,046+26.6% |
| Admin fee / account holder | $432 | $537-19.5% | $7,964-94.6% | $626-31.0% |