See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Service code 50 · EIN 45-6062081 | Direct Payment | $99,072 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,566 | $34,495+6.0% | $78,689-53.5% | $63,975-42.8% |
| Participation rate | 62.9% | 60.8%+2.1pp | 73.6%-10.7pp | 71.1%-8.3pp |
| Annual return | 9.71% | 11.62%-1.9pp | 62.18%-52.5pp | 48.65%-38.9pp |
| Employer contribution / active EE | $723 | $1,398-48.3% | $2,851-74.6% | $2,182-66.9% |
| Participant deferral / active EE | $1,452 | $2,100-30.9% | $3,517-58.7% | $3,356-56.7% |
| Admin fee / account holder | $111 | $68+63.9% | $4,510-97.5% | $70+58.2% |