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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $63,445 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,682 | $65,435+1.9% | $86,677-23.1% | $66,914-0.3% |
| Participation rate | 84.1% | 75.5%+8.6pp | 76.6%+7.5pp | 69.8%+14.3pp |
| Annual return | -20.69% | -10.89%-9.8pp | 35.91%-56.6pp | 1.58%-22.3pp |
| Employer contribution / active EE | $1,303 | $2,153-39.5% | $2,836-54.1% | $2,544-48.8% |
| Participant deferral / active EE | $5,799 | $4,100+41.4% | $4,656+24.6% | $4,237+36.9% |
| Admin fee / account holder | $378 | $642-41.1% | $7,493-95.0% | $593-36.3% |