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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $9,767 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $38,125 | $58,879-35.2% | $178,490-78.6% | $73,488-48.1% |
| Participation rate | 34.5% | 66.2%-31.7pp | 81.9%-47.4pp | 70.7%-36.1pp |
| Annual return | 23.57% | 24.86%-1.3pp | 151.07%-127.5pp | 28.51%-4.9pp |
| Employer contribution / active EE | $460 | $2,236-79.4% | $5,011-90.8% | $2,270-79.7% |
| Participant deferral / active EE | $1,245 | $2,567-51.5% | $5,202-76.1% | $3,740-66.7% |
| Admin fee / account holder | $174 | $400-56.4% | $13,984-98.8% | $513-66.0% |