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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $19,123 |
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 | $24,464 | $65,061-62.4% | $143,757-83.0% | $66,914-63.4% |
| Participation rate | 94.7% | 65.2%+29.6pp | 80.3%+14.4pp | 69.8%+24.9pp |
| Annual return | -17.91% | -11.14%-6.8pp | -0.04%-17.9pp | 1.58%-19.5pp |
| Employer contribution / active EE | $2,365 | $2,361+0.2% | $4,951-52.2% | $2,544-7.0% |
| Participant deferral / active EE | $2,874 | $2,919-1.5% | $5,637-49.0% | $4,237-32.2% |
| Admin fee / account holder | $39 | $502-92.2% | $14,673-99.7% | $593-93.4% |