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.5+ years Filed as: ALERUS FINANCIAL, N.A Service code 15 · EIN 45-6062081 401 DEMERS AVENUE · GRAND FORKS, ND 58201 | Recordkeeping | $12,622 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,943 | $89,652-68.8% | $141,162-80.2% | $65,185-57.1% |
| Participation rate | 83.0% | 74.7%+8.3pp | 82.5%+0.6pp | 70.2%+12.8pp |
| Annual return | 22.95% | 32.79%-9.8pp | 71.39%-48.4pp | 29.38%-6.4pp |
| Employer contribution / active EE | $2,093 | $3,065-31.7% | $4,735-55.8% | $2,177-3.8% |
| Participant deferral / active EE | $2,270 | $5,691-60.1% | $6,709-66.2% | $3,514-35.4% |
| Admin fee / account holder | $34 | $569-93.9% | $10,261-99.7% | $847-95.9% |