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.6 years Service code 15 · EIN 45-6062081 | Recordkeeping | $88,575 |
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 | $90,377 | $79,171+14.2% | $102,423-11.8% | $74,495+21.3% |
| Participation rate | 84.5% | 74.8%+9.7pp | 76.5%+8.0pp | 67.2%+17.3pp |
| Annual return | 19.24% | 54.93%-35.7pp | 29.32%-10.1pp | 1364.94%-1345.7pp |
| Employer contribution / active EE | $1,433 | $2,362-39.3% | $3,023-52.6% | $2,623-45.4% |
| Participant deferral / active EE | $6,361 | $4,415+44.1% | $5,053+25.9% | $4,346+46.4% |
| Admin fee / account holder | $461 | $2,001-76.9% | $9,451-95.1% | $1,942-76.2% |