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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $36,872 |
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 | $99,527 | $66,124+50.5% | $90,404+10.1% | $73,488+35.4% |
| Participation rate | 95.8% | 69.7%+26.2pp | 72.7%+23.2pp | 70.7%+25.2pp |
| Annual return | 17.72% | 17.65%+0.1pp | 1293.02%-1275.3pp | 28.51%-10.8pp |
| Employer contribution / active EE | $1,105 | $2,346-52.9% | $3,262-66.1% | $2,270-51.3% |
| Participant deferral / active EE | $5,181 | $3,039+70.5% | $3,963+30.7% | $3,740+38.5% |
| Admin fee / account holder | $188 | $396-52.5% | $5,611-96.6% | $513-63.3% |