See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $43,171 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,294 | $71,142-64.4% | $119,609-78.9% | $64,808-61.0% |
| Participation rate | 82.8% | 78.6%+4.2pp | 79.3%+3.5pp | 71.5%+11.3pp |
| Annual return | -16.06% | -10.01%-6.0pp | -14.97%-1.1pp | 32.82%-48.9pp |
| Employer contribution / active EE | $1,707 | $2,497-31.6% | $4,232-59.7% | $2,506-31.9% |
| Participant deferral / active EE | $2,660 | $4,490-40.7% | $5,602-52.5% | $4,310-38.3% |
| Admin fee / account holder | $114 | $162-29.6% | $10,323-98.9% | $188-39.2% |