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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $22,171 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,200 | $57,976+136.6% | $62,995+117.8% | $62,292+120.3% |
| Participation rate | 77.4% | 75.9%+1.5pp | 74.8%+2.6pp | 69.5%+7.9pp |
| Annual return | 11.85% | 17.54%-5.7pp | 87.57%-75.7pp | 28.90%-17.0pp |
| Employer contribution / active EE | $8,684 | $2,415+259.6% | $2,759+214.8% | $2,042+325.2% |
| Participant deferral / active EE | $3,056 | $2,956+3.4% | $3,329-8.2% | $3,169-3.6% |
| Admin fee / account holder | $182 | $276-34.1% | $3,600-95.0% | $479-62.1% |