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.5 years Service code 15 · EIN 45-6062081 | Recordkeeping | $34,815 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,204 | $44,642-16.7% | $91,220-59.2% | $66,914-44.4% |
| Participation rate | 91.3% | 64.9%+26.4pp | 73.2%+18.1pp | 69.8%+21.5pp |
| Annual return | -16.79% | -12.29%-4.5pp | 114.01%-130.8pp | 1.58%-18.4pp |
| Employer contribution / active EE | $178 | $1,706-89.6% | $2,850-93.8% | $2,544-93.0% |
| Participant deferral / active EE | $2,764 | $3,349-17.5% | $4,234-34.7% | $4,237-34.8% |
| Admin fee / account holder | $300 | $521-42.4% | $5,420-94.5% | $593-49.4% |