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.1 year Filed as: ALERUS FINANCIAL NA Service code 26 · EIN 45-0140105 | Advisory (Participants) | $12,148 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 33 · EIN 47-1411118 | Securities brokerage | $7,731 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,992 | $61,272-42.9% | $149,673-76.6% | $71,457-51.0% |
| Participation rate | 96.2% | 62.5%+33.7pp | 78.8%+17.4pp | 67.9%+28.3pp |
| Annual return | 17.82% | 35.85%-18.0pp | 134.42%-116.6pp | 28.85%-11.0pp |
| Employer contribution / active EE | $2,210 | $2,378-7.1% | $4,818-54.1% | $2,588-14.6% |
| Participant deferral / active EE | $3,752 | $2,917+28.6% | $5,680-33.9% | $4,289-12.5% |
| Admin fee / account holder | $141 | $1,261-88.8% | $13,210-98.9% | $1,587-91.1% |