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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $120,616 |
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 | $126,055 | $52,293+141.1% | $178,490-29.4% | $73,409+71.7% |
| Participation rate | 99.5% | 65.3%+34.2pp | 81.9%+17.6pp | 72.2%+27.3pp |
| Annual return | 19.47% | 34.75%-15.3pp | 151.07%-131.6pp | 59.29%-39.8pp |
| Employer contribution / active EE | $7,537 | $1,735+334.3% | $5,011+50.4% | $2,234+237.4% |
| Participant deferral / active EE | $6,302 | $2,332+170.2% | $5,202+21.1% | $3,805+65.6% |
| Admin fee / account holder | $209 | $127+64.3% | $13,984-98.5% | $158+32.6% |