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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $9,036 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,169 | $39,019-73.9% | $80,716-87.4% | $85,850-88.2% |
| Participation rate | 91.7% | 41.5%+50.1pp | 54.2%+37.5pp | 69.3%+22.4pp |
| Annual return | 13.98% | 26.27%-12.3pp | 87.28%-73.3pp | 318.53%-304.6pp |
| Employer contribution / active EE | $962 | $722+33.3% | $1,160-17.0% | $2,565-62.5% |
| Participant deferral / active EE | $1,628 | $1,326+22.8% | $2,146-24.1% | $3,952-58.8% |
| Admin fee / account holder | $107 | $2,431-95.6% | $3,380-96.8% | $6,260-98.3% |