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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $61,861 |
Service code 15 · EIN 30-0219031 | Recordkeeping | $1,012 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,437 | $72,482-15.2% | $129,110-52.4% | $64,808-5.2% |
| Participation rate | 98.9% | 79.2%+19.7pp | 77.3%+21.6pp | 71.5%+27.4pp |
| Annual return | -22.62% | -9.08%-13.5pp | -10.94%-11.7pp | 32.82%-55.4pp |
| Employer contribution / active EE | $2,099 | $4,247-50.6% | $5,052-58.5% | $2,506-16.2% |
| Participant deferral / active EE | $3,299 | $5,679-41.9% | $6,542-49.6% | $4,310-23.5% |
| Admin fee / account holder | $163 | $144+13.2% | $14,302-98.9% | $188-13.0% |