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.9 years Service code 15 · EIN 45-6062081 | Recordkeeping | $57,230 |
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 | $232,675 | $48,795+376.8% | $65,493+255.3% | $84,808+174.4% |
| Participation rate | 93.0% | 67.0%+26.0pp | 73.1%+19.9pp | 68.3%+24.7pp |
| Annual return | 12.21% | 20.20%-8.0pp | 982.45%-970.2pp | 40.90%-28.7pp |
| Employer contribution / active EE | $6,303 | $1,930+226.6% | $2,574+144.8% | $2,631+139.6% |
| Participant deferral / active EE | $4,489 | $2,928+53.3% | $3,961+13.3% | $4,212+6.6% |
| Admin fee / account holder | $540 | $3,877-86.1% | $5,028-89.3% | $7,344-92.6% |