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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $9,138 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $71,238 | $64,909+9.7% | $82,313-13.5% | $62,292+14.4% |
| Participation rate | 73.9% | 74.9%-1.0pp | 76.9%-3.0pp | 69.5%+4.4pp |
| Annual return | 17.30% | 21.18%-3.9pp | 25.88%-8.6pp | 28.90%-11.6pp |
| Employer contribution / active EE | $253 | $1,676-84.9% | $2,428-89.6% | $2,042-87.6% |
| Participant deferral / active EE | $2,852 | $3,103-8.1% | $3,706-23.0% | $3,169-10.0% |
| Admin fee / account holder | $95 | $440-78.4% | $5,608-98.3% | $479-80.2% |