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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $52,655 |
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 | $61,476 | $80,724-23.8% | $103,333-40.5% | $74,495-17.5% |
| Participation rate | 100.0% | 65.7%+34.3pp | 74.5%+25.5pp | 67.2%+32.8pp |
| Annual return | 12.32% | 27.56%-15.2pp | 24.88%-12.6pp | 1364.94%-1352.6pp |
| Employer contribution / active EE | $2,914 | $3,157-7.7% | $3,868-24.7% | $2,623+11.1% |
| Participant deferral / active EE | $5,522 | $3,860+43.0% | $5,057+9.2% | $4,346+27.1% |
| Admin fee / account holder | $310 | $2,368-86.9% | $8,355-96.3% | $1,942-84.0% |