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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $12,426 |
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 | $17,174 | $55,453-69.0% | $170,442-89.9% | $62,292-72.4% |
| Participation rate | 97.9% | 66.4%+31.5pp | 83.6%+14.3pp | 69.5%+28.4pp |
| Annual return | 28.85% | 21.38%+7.5pp | 205.93%-177.1pp | 28.90%0pp |
| Employer contribution / active EE | $1,613 | $2,164-25.5% | $5,433-70.3% | $2,042-21.0% |
| Participant deferral / active EE | $2,846 | $2,303+23.6% | $4,939-42.4% | $3,169-10.2% |
| Admin fee / account holder | $45 | $455-90.1% | $13,880-99.7% | $479-90.6% |