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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $49,123 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $120,907 | $58,264+107.5% | $86,612+39.6% | $71,457+69.2% |
| Participation rate | 96.2% | 65.0%+31.2pp | 71.7%+24.5pp | 67.9%+28.2pp |
| Annual return | 17.89% | 21.63%-3.7pp | 591.07%-573.2pp | 28.85%-11.0pp |
| Employer contribution / active EE | $5,155 | $2,574+100.3% | $3,022+70.6% | $2,588+99.2% |
| Participant deferral / active EE | $5,762 | $3,436+67.7% | $4,438+29.8% | $4,289+34.3% |
| Admin fee / account holder | $303 | $1,057-71.3% | $5,614-94.6% | $1,587-80.9% |