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 | $10,401 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,514 | $45,031+81.0% | $85,009-4.1% | $77,671+4.9% |
| Participation rate | 68.0% | 48.7%+19.3pp | 67.5%+0.5pp | 70.6%-2.6pp |
| Annual return | 15.01% | 79.22%-64.2pp | 66.47%-51.5pp | 31.21%-16.2pp |
| Employer contribution / active EE | $1,700 | $1,609+5.6% | $2,728-37.7% | $2,726-37.7% |
| Participant deferral / active EE | $3,298 | $2,807+17.5% | $4,522-27.1% | $4,648-29.0% |
| Admin fee / account holder | $6 | $912-99.4% | $6,153-99.9% | $430-98.7% |