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.6 years Service code 15 · EIN 45-6062081 | Recordkeeping | $36,390 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,986 | $80,717-39.3% | $154,803-68.4% | $84,808-42.2% |
| Participation rate | 97.8% | 66.8%+31.0pp | 78.1%+19.7pp | 68.3%+29.5pp |
| Annual return | 14.76% | 37.96%-23.2pp | 58.88%-44.1pp | 40.90%-26.1pp |
| Employer contribution / active EE | $849 | $2,761-69.3% | $4,305-80.3% | $2,631-67.7% |
| Participant deferral / active EE | $3,767 | $3,303+14.1% | $5,540-32.0% | $4,212-10.5% |
| Admin fee / account holder | $284 | $6,746-95.8% | $14,329-98.0% | $7,344-96.1% |