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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $8,245 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $123,598 | $88,087+40.3% | $164,866-25.0% | $74,546+65.8% |
| Participation rate | 48.2% | 73.1%-24.9pp | 78.6%-30.4pp | 67.2%-19.0pp |
| Annual return | 13.35% | 17.27%-3.9pp | 69.97%-56.6pp | 1366.03%-1352.7pp |
| Employer contribution / active EE | $1,201 | $2,595-53.7% | $4,343-72.3% | $2,624-54.2% |
| Participant deferral / active EE | $4,557 | $4,499+1.3% | $6,033-24.5% | $4,347+4.8% |
| Admin fee / account holder | $60 | $2,232-97.3% | $12,689-99.5% | $1,944-96.9% |