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.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $178,396 |
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 | $266,114 | $58,290+356.5% | $98,442+170.3% | $86,799+206.6% |
| Participation rate | 100.0% | 68.3%+31.7pp | 73.3%+26.7pp | 72.3%+27.7pp |
| Annual return | 16.47% | 43.48%-27.0pp | 1492.73%-1476.3pp | 97.91%-81.4pp |
| Employer contribution / active EE | $5,684 | $2,008+183.1% | $2,960+92.1% | $2,405+136.3% |
| Participant deferral / active EE | $7,531 | $3,152+138.9% | $4,276+76.1% | $4,131+82.3% |
| Admin fee / account holder | $391 | $138+184.1% | $5,949-93.4% | $170+130.7% |