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 | $14,415 |
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 | $22,016 | $52,953-58.4% | $172,739-87.3% | $65,185-66.2% |
| Participation rate | 91.4% | 66.2%+25.2pp | 82.6%+8.7pp | 70.2%+21.2pp |
| Annual return | 23.19% | 30.12%-6.9pp | 802.84%-779.6pp | 29.38%-6.2pp |
| Employer contribution / active EE | $766 | $2,190-65.0% | $5,143-85.1% | $2,177-64.8% |
| Participant deferral / active EE | $2,864 | $2,471+15.9% | $5,198-44.9% | $3,514-18.5% |
| Admin fee / account holder | $78 | $472-83.4% | $13,954-99.4% | $847-90.8% |