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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $41,136 |
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 | $95,891 | $51,620+85.8% | $90,281+6.2% | $65,185+47.1% |
| Participation rate | 97.7% | 68.6%+29.1pp | 73.3%+24.4pp | 70.2%+27.5pp |
| Annual return | 23.23% | 24.94%-1.7pp | 78.10%-54.9pp | 29.38%-6.2pp |
| Employer contribution / active EE | $3,985 | $2,235+78.3% | $2,854+39.6% | $2,177+83.1% |
| Participant deferral / active EE | $4,347 | $2,871+51.4% | $3,885+11.9% | $3,514+23.7% |
| Admin fee / account holder | $278 | $384-27.7% | $5,351-94.8% | $847-67.2% |