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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $36,778 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $47,806 | $65,435-26.9% | $86,677-44.8% | $66,914-28.6% |
| Participation rate | 74.5% | 75.5%-0.9pp | 76.6%-2.0pp | 69.8%+4.7pp |
| Annual return | -23.47% | -10.89%-12.6pp | 35.91%-59.4pp | 1.58%-25.1pp |
| Employer contribution / active EE | $1,847 | $2,153-14.2% | $2,836-34.9% | $2,544-27.4% |
| Participant deferral / active EE | $3,146 | $4,100-23.3% | $4,656-32.4% | $4,237-25.7% |
| Admin fee / account holder | $325 | $642-49.3% | $7,493-95.7% | $593-45.1% |