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 Service code 15 · EIN 45-6062081 401 DEMERS AVENUE · GRAND FORKS, ND 58201 | Recordkeeping | $7,182 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $17,426 | $75,183-76.8% | $123,892-85.9% | $55,167-68.4% |
| Participation rate | 73.4% | 72.8%+0.6pp | 81.4%-8.0pp | 69.0%+4.4pp |
| Annual return | 9.14% | 19.01%-9.9pp | 47.52%-38.4pp | 169.23%-160.1pp |
| Employer contribution / active EE | $1,204 | $2,823-57.4% | $4,617-73.9% | $1,963-38.7% |
| Participant deferral / active EE | $991 | $5,084-80.5% | $5,984-83.4% | $3,054-67.5% |
| Admin fee / account holder | $33 | $663-95.1% | $8,357-99.6% | $504-93.5% |