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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $159,952 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $168,526 | $43,999+283.0% | $79,464+112.1% | $55,725+202.4% |
| Participation rate | 100.0% | 66.9%+33.1pp | 73.3%+26.7pp | 70.9%+29.1pp |
| Annual return | -4.61% | 1.81%-6.4pp | 718.14%-722.8pp | 244.93%-249.5pp |
| Employer contribution / active EE | $5,148 | $1,830+181.4% | $2,800+83.8% | $2,078+147.7% |
| Participant deferral / active EE | $6,420 | $2,538+152.9% | $3,704+73.3% | $3,356+91.3% |
| Admin fee / account holder | $375 | $118+218.6% | $5,113-92.7% | $115+225.2% |