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 9-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 | $37,324 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,005 | $76,670-28.3% | $96,683-43.1% | $71,457-23.0% |
| Participation rate | 98.6% | 66.6%+32.0pp | 74.3%+24.2pp | 67.9%+30.7pp |
| Annual return | 25.07% | 48.29%-23.2pp | 35.69%-10.6pp | 28.85%-3.8pp |
| Employer contribution / active EE | $2,736 | $3,031-9.8% | $3,737-26.8% | $2,588+5.7% |
| Participant deferral / active EE | $4,948 | $3,771+31.2% | $4,878+1.4% | $4,289+15.4% |
| Admin fee / account holder | $301 | $2,028-85.2% | $6,730-95.5% | $1,587-81.0% |