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.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $26,564 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,110 | $80,724-59.0% | $103,333-68.0% | $74,495-55.6% |
| Participation rate | 96.4% | 65.7%+30.7pp | 74.5%+21.9pp | 67.2%+29.2pp |
| Annual return | 19.75% | 27.56%-7.8pp | 24.88%-5.1pp | 1364.94%-1345.2pp |
| Employer contribution / active EE | $3,336 | $3,157+5.6% | $3,868-13.8% | $2,623+27.2% |
| Participant deferral / active EE | $5,710 | $3,860+47.9% | $5,057+12.9% | $4,346+31.4% |
| Admin fee / account holder | $135 | $2,368-94.3% | $8,355-98.4% | $1,942-93.1% |