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 10-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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $62,675 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,535 | $56,317+98.0% | $71,209+56.6% | $74,304+50.1% |
| Participation rate | 95.9% | 55.1%+40.8pp | 73.8%+22.2pp | 60.3%+35.6pp |
| Annual return | 15.57% | 42.83%-27.3pp | 282.51%-266.9pp | 29.43%-13.9pp |
| Employer contribution / active EE | $1,976 | $2,160-8.5% | $2,721-27.4% | $2,241-11.8% |
| Participant deferral / active EE | $5,830 | $2,788+109.1% | $4,175+39.6% | $3,767+54.7% |
| Admin fee / account holder | $262 | $2,290-88.5% | $5,349-95.1% | $2,969-91.2% |