Filed October 23, 2015
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 Service code 15 · EIN 45-6062081 | Recordkeeping | $110,897 |
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 | $97,194 | $46,173+110.5% | $170,442-43.0% | $69,631+39.6% |
| Participation rate | 88.9% | 63.9%+25.0pp | 83.6%+5.3pp | 70.7%+18.2pp |
| Annual return | 17.97% | 21.62%-3.6pp | 205.93%-188.0pp | 27571.02%-27553.1pp |
| Employer contribution / active EE | $7,287 | $1,610+352.7% | $5,433+34.1% | $2,032+258.6% |
| Participant deferral / active EE | $3,515 | $2,080+69.0% | $4,939-28.8% | $3,224+9.0% |
| Admin fee / account holder | $218 | $116+87.9% | $13,880-98.4% | $110+97.3% |