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 |
|---|---|---|
Service code 15 · EIN 30-0219031 | Recordkeeping | $11,368 |
ALERUS FINANCIAL, N.A.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $3,746 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,654 | $65,376+37.1% | $87,100+2.9% | $65,185+37.5% |
| Participation rate | 100.0% | 75.3%+24.7pp | 76.9%+23.1pp | 70.2%+29.8pp |
| Annual return | 2.15% | 31.27%-29.1pp | 28.19%-26.0pp | 29.38%-27.2pp |
| Employer contribution / active EE | $2,720 | $1,822+49.2% | $2,521+7.9% | $2,177+24.9% |
| Participant deferral / active EE | $4,577 | $3,388+35.1% | $4,049+13.0% | $3,514+30.2% |
| Admin fee / account holder | $94 | $520-81.8% | $7,497-98.7% | $847-88.8% |