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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $35,055 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $71,933 | $50,637+42.1% | $86,590-16.9% | $62,292+15.5% |
| Participation rate | 100.0% | 67.9%+32.1pp | 73.5%+26.5pp | 69.5%+30.5pp |
| Annual return | 17.39% | 20.80%-3.4pp | 964.84%-947.5pp | 28.90%-11.5pp |
| Employer contribution / active EE | $3,678 | $2,075+77.2% | $2,839+29.6% | $2,042+80.1% |
| Participant deferral / active EE | $3,723 | $2,611+42.6% | $3,609+3.2% | $3,169+17.5% |
| Admin fee / account holder | $229 | $413-44.6% | $4,906-95.3% | $479-52.2% |