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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $11,069 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $12,828 | $46,732-72.5% | $156,549-91.8% | $55,167-76.7% |
| Participation rate | 90.9% | 65.8%+25.1pp | 84.0%+6.9pp | 69.0%+21.9pp |
| Annual return | 10.43% | 17.72%-7.3pp | 32.23%-21.8pp | 169.23%-158.8pp |
| Employer contribution / active EE | $1,594 | $2,105-24.3% | $5,501-71.0% | $1,963-18.8% |
| Participant deferral / active EE | $2,579 | $2,204+17.0% | $4,871-47.0% | $3,054-15.5% |
| Admin fee / account holder | $42 | $418-90.0% | $13,027-99.7% | $504-91.7% |