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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $54,976 |
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 | $95,162 | $72,554+31.2% | $138,135-31.1% | $73,488+29.5% |
| Participation rate | 95.8% | 74.8%+20.9pp | 78.7%+17.1pp | 70.7%+25.1pp |
| Annual return | 14.97% | 17.50%-2.5pp | 20.51%-5.5pp | 28.51%-13.5pp |
| Employer contribution / active EE | $1,976 | $3,511-43.7% | $5,587-64.6% | $2,270-12.9% |
| Participant deferral / active EE | $3,180 | $4,908-35.2% | $6,431-50.6% | $3,740-15.0% |
| Admin fee / account holder | $211 | $464-54.6% | $11,856-98.2% | $513-58.9% |