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.2 years Filed as: ALERUS FINANCIAL NA Service code 26 · EIN 45-0140105 | Advisory (Participants) | $12,402 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 33 · EIN 47-1411118 | Securities brokerage | $7,962 |
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 | $38,279 | $55,415-30.9% | $155,509-75.4% | $74,495-48.6% |
| Participation rate | 100.0% | 61.9%+38.1pp | 78.2%+21.8pp | 67.2%+32.8pp |
| Annual return | 18.73% | 268.50%-249.8pp | 64.67%-45.9pp | 1364.94%-1346.2pp |
| Employer contribution / active EE | $3,018 | $2,267+33.1% | $4,672-35.4% | $2,623+15.0% |
| Participant deferral / active EE | $4,025 | $2,836+41.9% | $5,626-28.5% | $4,346-7.4% |
| Admin fee / account holder | $133 | $1,738-92.3% | $15,912-99.2% | $1,942-93.1% |