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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,515 |
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 | $65,331 | $73,823-11.5% | $379,746-82.8% | $73,488-11.1% |
| Participation rate | 100.0% | 73.1%+26.9pp | 78.4%+21.6pp | 70.7%+29.3pp |
| Annual return | 17.48% | 29.06%-11.6pp | 34.90%-17.4pp | 28.51%-11.0pp |
| Employer contribution / active EE | $1,885 | $2,472-23.7% | $3,540-46.7% | $2,270-17.0% |
| Participant deferral / active EE | $5,145 | $4,038+27.4% | $6,024-14.6% | $3,740+37.6% |
| Admin fee / account holder | $77 | $607-87.3% | $7,927-99.0% | $513-84.9% |