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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $228,554 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $299,435 | $61,058+390.4% | $71,209+320.5% | $85,563+250.0% |
| Participation rate | 91.0% | 58.6%+32.4pp | 73.8%+17.3pp | 66.0%+25.0pp |
| Annual return | 14.18% | 100.41%-86.2pp | 282.51%-268.3pp | 31.51%-17.3pp |
| Employer contribution / active EE | $5,908 | $2,199+168.7% | $2,721+117.1% | $2,654+122.7% |
| Participant deferral / active EE | $7,243 | $3,173+128.3% | $4,175+73.5% | $4,375+65.5% |
| Admin fee / account holder | $528 | $855-38.2% | $5,349-90.1% | $834-36.7% |