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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $28,447 |
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 | $58,486 | $43,423+34.7% | $78,689-25.7% | $55,167+6.0% |
| Participation rate | 97.7% | 68.0%+29.7pp | 73.6%+24.2pp | 69.0%+28.7pp |
| Annual return | 8.47% | 11.53%-3.1pp | 62.18%-53.7pp | 169.23%-160.8pp |
| Employer contribution / active EE | $845 | $1,997-57.7% | $2,851-70.3% | $1,963-56.9% |
| Participant deferral / active EE | $4,212 | $2,509+67.9% | $3,517+19.8% | $3,054+37.9% |
| Admin fee / account holder | $125 | $416-70.0% | $4,510-97.2% | $504-75.2% |