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 |
|---|---|---|
ALERUS FINANCIAL, N.A.3+ years Filed as: ALERUS FINANCIAL NA Service code 15 · EIN 45-6062081 TWO PINE TREE DRIVE SUITWE 400 · ARDEN HILLS, MN 55112 | Recordkeeping | $7,796 |
LPL FINANCIAL3+ years Service code 27 · EIN 04-3046611 75 STATE STREET · BOSTON, MA 02109 | Advisory (Plan) | $7,095 |
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 | $17,365 | $63,299-72.6% | $91,001-80.9% | $62,292-72.1% |
| Participation rate | 75.6% | 73.3%+2.2pp | 75.6%0pp | 69.5%+6.0pp |
| Annual return | 19.37% | 20.99%-1.6pp | 4.60%+14.8pp | 28.90%-9.5pp |
| Employer contribution / active EE | $1,384 | $1,807-23.4% | $2,456-43.6% | $2,042-32.2% |
| Participant deferral / active EE | $2,684 | $2,943-8.8% | $3,547-24.3% | $3,169-15.3% |
| Admin fee / account holder | $112 | $468-76.1% | $5,417-97.9% | $479-76.6% |