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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $14,122 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $18,788 | $47,977-60.8% | $154,107-87.8% | $56,287-66.6% |
| Participation rate | 86.5% | 66.2%+20.3pp | 83.0%+3.4pp | 69.9%+16.6pp |
| Annual return | -6.96% | 3.54%-10.5pp | 735.12%-742.1pp | -9.96%+3.0pp |
| Employer contribution / active EE | $671 | $2,169-69.1% | $5,298-87.3% | $2,111-68.2% |
| Participant deferral / active EE | $2,291 | $2,392-4.2% | $5,081-54.9% | $3,350-31.6% |
| Admin fee / account holder | $85 | $438-80.6% | $13,411-99.4% | $521-83.7% |