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.6+ years Filed as: ALERUS FINANCIAL, N.A Service code 15 · EIN 45-6062081 401 DEMERS AVENUE · GRAND FORKS, ND 58201 | Recordkeeping | $15,196 |
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 | $31,773 | $99,957-68.2% | $149,696-78.8% | $73,488-56.8% |
| Participation rate | 90.5% | 75.7%+14.8pp | 82.5%+8.0pp | 70.7%+19.8pp |
| Annual return | 18.43% | 53.87%-35.4pp | 276.60%-258.2pp | 28.51%-10.1pp |
| Employer contribution / active EE | $2,491 | $3,191-21.9% | $4,644-46.4% | $2,270+9.7% |
| Participant deferral / active EE | $2,740 | $6,073-54.9% | $6,842-60.0% | $3,740-26.7% |
| Admin fee / account holder | $42 | $551-92.4% | $9,309-99.6% | $513-91.9% |