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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $48,736 |
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 | $68,312 | $66,180+3.2% | $118,746-42.5% | $62,292+9.7% |
| Participation rate | 95.9% | 71.3%+24.6pp | 78.3%+17.6pp | 69.5%+26.4pp |
| Annual return | 18.47% | 60.89%-42.4pp | 24.54%-6.1pp | 28.90%-10.4pp |
| Employer contribution / active EE | $1,727 | $3,183-45.7% | $4,193-58.8% | $2,042-15.4% |
| Participant deferral / active EE | $2,732 | $4,247-35.7% | $5,332-48.8% | $3,169-13.8% |
| Admin fee / account holder | $168 | $753-77.7% | $10,720-98.4% | $479-64.9% |