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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $128,257 |
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 | $96,384 | $37,196+159.1% | $154,107-37.5% | $55,725+73.0% |
| Participation rate | 90.0% | 64.1%+25.9pp | 83.0%+7.0pp | 70.9%+19.2pp |
| Annual return | -5.02% | 1319.68%-1324.7pp | 735.12%-740.1pp | 244.93%-250.0pp |
| Employer contribution / active EE | $8,065 | $1,614+399.7% | $5,298+52.2% | $2,078+288.1% |
| Participant deferral / active EE | $4,317 | $2,068+108.7% | $5,081-15.0% | $3,356+28.6% |
| Admin fee / account holder | $258 | $102+154.0% | $13,411-98.1% | $115+124.1% |