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 | $24,423 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,641 | $81,248-73.4% | $155,509-86.1% | $80,856-73.2% |
| Participation rate | 93.4% | 66.2%+27.2pp | 78.2%+15.2pp | 67.6%+25.8pp |
| Annual return | 14.03% | 33.31%-19.3pp | 64.67%-50.6pp | 35.59%-21.6pp |
| Employer contribution / active EE | $1,034 | $3,100-66.7% | $4,672-77.9% | $2,755-62.5% |
| Participant deferral / active EE | $1,949 | $3,452-43.5% | $5,626-65.4% | $4,296-54.6% |
| Admin fee / account holder | $216 | $7,997-97.3% | $15,912-98.6% | $6,918-96.9% |