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+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $66,946 |
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 | $36,956 | $37,117-0.4% | $147,614-75.0% | $55,191-33.0% |
| Participation rate | 71.3% | 63.6%+7.7pp | 84.6%-13.3pp | 69.2%+2.1pp |
| Annual return | 1.70% | 3.44%-1.7pp | 61.98%-60.3pp | 10.78%-9.1pp |
| Employer contribution / active EE | $1,289 | $1,620-20.5% | $5,564-76.8% | $1,899-32.1% |
| Participant deferral / active EE | $5,866 | $1,985+195.4% | $4,895+19.8% | $3,046+92.6% |
| Admin fee / account holder | $120 | $86+39.7% | $11,611-99.0% | $91+31.7% |