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 8-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.8+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 PO BOX 6001 · GRAND FORKS, ND 58206 | Recordkeeping | $38,265 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,112 | $49,915-25.6% | $154,803-76.0% | $74,304-50.1% |
| Participation rate | 89.7% | 54.0%+35.7pp | 78.1%+11.6pp | 60.3%+29.3pp |
| Annual return | 9.64% | 34.06%-24.4pp | 58.88%-49.2pp | 29.43%-19.8pp |
| Employer contribution / active EE | $775 | $1,611-51.9% | $4,305-82.0% | $2,241-65.4% |
| Participant deferral / active EE | $1,780 | $2,255-21.1% | $5,540-67.9% | $3,767-52.8% |
| Admin fee / account holder | $45 | $2,189-97.9% | $14,329-99.7% | $2,969-98.5% |