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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $37,059 |
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 | $75,887 | $44,873+69.1% | $79,464-4.5% | $56,287+34.8% |
| Participation rate | 92.5% | 68.7%+23.7pp | 73.3%+19.1pp | 69.9%+22.6pp |
| Annual return | -4.58% | 0.81%-5.4pp | 718.14%-722.7pp | -9.96%+5.4pp |
| Employer contribution / active EE | $3,280 | $2,140+53.3% | $2,800+17.1% | $2,111+55.4% |
| Participant deferral / active EE | $3,708 | $2,746+35.0% | $3,704+0.1% | $3,350+10.7% |
| Admin fee / account holder | $257 | $418-38.5% | $5,113-95.0% | $521-50.6% |