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 | $6,256 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $8,922 | $55,453-83.9% | $170,442-94.8% | $62,292-85.7% |
| Participation rate | 71.1% | 66.4%+4.7pp | 83.6%-12.5pp | 69.5%+1.6pp |
| Annual return | 48.18% | 21.38%+26.8pp | 205.93%-157.7pp | 28.90%+19.3pp |
| Employer contribution / active EE | $1,189 | $2,164-45.0% | $5,433-78.1% | $2,042-41.8% |
| Participant deferral / active EE | $1,833 | $2,303-20.4% | $4,939-62.9% | $3,169-42.1% |
| Admin fee / account holder | $41 | $455-91.0% | $13,880-99.7% | $479-91.5% |