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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $22,655 |
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 | $31,969 | $61,156-47.7% | $185,823-82.8% | $79,386-59.7% |
| Participation rate | 95.0% | 66.6%+28.4pp | 81.7%+13.3pp | 70.7%+24.3pp |
| Annual return | 20.45% | 19.45%+1.0pp | 122.05%-101.6pp | 116.85%-96.4pp |
| Employer contribution / active EE | $0 | $2,321-100.0% | $5,167-100.0% | $2,427-100.0% |
| Participant deferral / active EE | $3,479 | $2,789+24.8% | $5,568-37.5% | $4,046-14.0% |
| Admin fee / account holder | $128 | $710-82.0% | $16,237-99.2% | $626-79.6% |