See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $54,674 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS INVESTMENT ADVIORS, INC. Service code 26 · EIN 42-1378382 | Advisory (Participants) | $7,095 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $153,966 | $56,317+173.4% | $71,209+116.2% | $74,304+107.2% |
| Participation rate | 94.0% | 55.1%+38.9pp | 73.8%+20.2pp | 60.3%+33.6pp |
| Annual return | 12.09% | 42.83%-30.7pp | 282.51%-270.4pp | 29.43%-17.3pp |
| Employer contribution / active EE | $4,803 | $2,160+122.4% | $2,721+76.5% | $2,241+114.3% |
| Participant deferral / active EE | $6,115 | $2,788+119.4% | $4,175+46.5% | $3,767+62.3% |
| Admin fee / account holder | $44 | $2,290-98.1% | $5,349-99.2% | $2,969-98.5% |