See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $70,677 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,175 | $47,126+8.6% | $149,673-65.8% | $74,419-31.2% |
| Participation rate | 76.3% | 63.4%+12.9pp | 78.8%-2.5pp | 70.7%+5.5pp |
| Annual return | 22.02% | 22.75%-0.7pp | 134.42%-112.4pp | 34.38%-12.4pp |
| Employer contribution / active EE | $1,422 | $1,905-25.4% | $4,818-70.5% | $2,637-46.1% |
| Participant deferral / active EE | $3,129 | $2,728+14.7% | $5,680-44.9% | $4,528-30.9% |
| Admin fee / account holder | $121 | $343-64.6% | $13,210-99.1% | $348-65.1% |