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 | $64,534 |
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 | $78,732 | $76,050+3.5% | $96,544-18.4% | $71,457+10.2% |
| Participation rate | 91.5% | 74.4%+17.1pp | 76.0%+15.5pp | 67.9%+23.6pp |
| Annual return | 6.84% | 22.81%-16.0pp | 25.84%-19.0pp | 28.85%-22.0pp |
| Employer contribution / active EE | $2,103 | $2,244-6.3% | $2,965-29.1% | $2,588-18.7% |
| Participant deferral / active EE | $5,057 | $4,215+20.0% | $4,851+4.2% | $4,289+17.9% |
| Admin fee / account holder | $361 | $2,707-86.7% | $8,252-95.6% | $1,587-77.3% |