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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $132,807 |
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 | $232,812 | $52,670+342.0% | $90,404+157.5% | $73,409+217.1% |
| Participation rate | 100.0% | 67.7%+32.3pp | 72.7%+27.3pp | 72.2%+27.8pp |
| Annual return | 14.55% | 20.70%-6.2pp | 1293.02%-1278.5pp | 59.29%-44.7pp |
| Employer contribution / active EE | $5,771 | $1,872+208.4% | $3,262+76.9% | $2,234+158.4% |
| Participant deferral / active EE | $7,415 | $2,807+164.2% | $3,963+87.1% | $3,805+94.9% |
| Admin fee / account holder | $302 | $117+158.5% | $5,611-94.6% | $158+91.2% |