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 50 · EIN 45-6062081 | Direct Payment | $5,437 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $136,199 | $65,557+107.8% | $64,056+112.6% | $71,457+90.6% |
| Participation rate | 67.5% | 73.2%-5.7pp | 72.3%-4.8pp | 67.9%-0.4pp |
| Annual return | 10.56% | 18.94%-8.4pp | 33.69%-23.1pp | 28.85%-18.3pp |
| Employer contribution / active EE | $8,315 | $2,669+211.6% | $2,747+202.7% | $2,588+221.3% |
| Participant deferral / active EE | $0 | $3,626-100.0% | $3,880-100.0% | $4,289-100.0% |
| Admin fee / account holder | $41 | $616-93.3% | $3,068-98.7% | $1,587-97.4% |