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 | $52,349 |
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 | $78,039 | $67,703+15.3% | $127,761-38.9% | $65,185+19.7% |
| Participation rate | 95.4% | 74.5%+20.9pp | 79.0%+16.4pp | 70.2%+25.2pp |
| Annual return | 22.73% | 24.36%-1.6pp | 26.14%-3.4pp | 29.38%-6.7pp |
| Employer contribution / active EE | $1,753 | $3,724-52.9% | $4,574-61.7% | $2,177-19.5% |
| Participant deferral / active EE | $2,925 | $4,787-38.9% | $6,021-51.4% | $3,514-16.8% |
| Admin fee / account holder | $191 | $618-69.1% | $9,395-98.0% | $847-77.4% |