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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $72,221 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,741 | $79,171+2.0% | $102,423-21.2% | $74,495+8.4% |
| Participation rate | 91.0% | 74.8%+16.2pp | 76.5%+14.5pp | 67.2%+23.8pp |
| Annual return | 23.88% | 54.93%-31.1pp | 29.32%-5.4pp | 1364.94%-1341.1pp |
| Employer contribution / active EE | $2,344 | $2,362-0.8% | $3,023-22.5% | $2,623-10.6% |
| Participant deferral / active EE | $5,824 | $4,415+31.9% | $5,053+15.3% | $4,346+34.0% |
| Admin fee / account holder | $406 | $2,001-79.7% | $9,451-95.7% | $1,942-79.1% |