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.7+ years Filed as: ALERUS FINANCIAL, N.A Service code 15 · EIN 45-6062081 401 DEMERS AVENUE · GRAND FORKS, ND 58201 | Recordkeeping | $14,260 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,832 | $104,475-63.8% | $159,436-76.3% | $79,386-52.3% |
| Participation rate | 90.6% | 76.6%+14.0pp | 82.8%+7.8pp | 70.7%+19.9pp |
| Annual return | 20.60% | 67.95%-47.4pp | 263.57%-243.0pp | 116.85%-96.3pp |
| Employer contribution / active EE | $2,935 | $3,417-14.1% | $4,829-39.2% | $2,427+20.9% |
| Participant deferral / active EE | $3,449 | $6,467-46.7% | $7,352-53.1% | $4,046-14.8% |
| Admin fee / account holder | $41 | $711-94.2% | $10,799-99.6% | $626-93.4% |