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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $14,024 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,235 | $62,624-26.2% | $177,989-74.0% | $77,643-40.5% |
| Participation rate | 45.7% | 66.8%-21.1pp | 77.1%-31.4pp | 70.6%-24.8pp |
| Annual return | 24.79% | 16.16%+8.6pp | 294.48%-269.7pp | 31.24%-6.4pp |
| Employer contribution / active EE | $1,031 | $1,909-46.0% | $3,949-73.9% | $2,726-62.2% |
| Participant deferral / active EE | $2,210 | $4,219-47.6% | $6,276-64.8% | $4,647-52.4% |
| Admin fee / account holder | $46 | $386-88.0% | $10,363-99.6% | $430-89.3% |