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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $46,638 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,165 | $122,239+1.6% | $184,203-32.6% | $74,495+66.7% |
| Participation rate | 89.0% | 85.5%+3.5pp | 86.8%+2.2pp | 67.2%+21.8pp |
| Annual return | 21.10% | 19.95%+1.2pp | 28.81%-7.7pp | 1364.94%-1343.8pp |
| Employer contribution / active EE | $3,040 | $4,537-33.0% | $6,427-52.7% | $2,623+15.9% |
| Participant deferral / active EE | $5,726 | $7,139-19.8% | $9,131-37.3% | $4,346+31.7% |
| Admin fee / account holder | $247 | $1,260-80.4% | $13,901-98.2% | $1,942-87.3% |