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 6-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 | $24,747 |
Service code 10 · EIN 45-4037800 | Accounting | $18,000 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $4,850 | $36,767-86.8% | $81,478-94.0% | $62,292-92.2% |
| Participation rate | 77.0% | 54.4%+22.5pp | 68.0%+9.0pp | 69.5%+7.5pp |
| Annual return | 9.50% | 173.80%-164.3pp | 38.78%-29.3pp | 28.90%-19.4pp |
| Employer contribution / active EE | $3,758 | $1,128+233.1% | $2,568+46.4% | $2,042+84.0% |
| Participant deferral / active EE | $0 | $2,111-100.0% | $3,537-100.0% | $3,169-100.0% |
| Admin fee / account holder | $97 | $797-87.8% | $4,561-97.9% | $479-79.7% |