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 |
|---|---|---|
Service code 27 · EIN 93-1244319 | Advisory (Plan) | $33,998 |
ALERUS FINANCIAL, N.A.5 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 60 · EIN 45-6062081 | Sub-TA Fees | $19,463 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $117,085 | $65,061+80.0% | $143,757-18.6% | $66,914+75.0% |
| Participation rate | 48.8% | 65.2%-16.4pp | 80.3%-31.5pp | 69.8%-21.0pp |
| Annual return | -16.76% | -11.14%-5.6pp | -0.04%-16.7pp | 1.58%-18.3pp |
| Employer contribution / active EE | $2,301 | $2,361-2.5% | $4,951-53.5% | $2,544-9.6% |
| Participant deferral / active EE | $5,330 | $2,919+82.6% | $5,637-5.4% | $4,237+25.8% |
| Admin fee / account holder | $636 | $502+26.8% | $14,673-95.7% | $593+7.3% |