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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,905 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,158 | $65,061-50.6% | $143,757-77.6% | $66,914-51.9% |
| Participation rate | 31.9% | 65.2%-33.3pp | 80.3%-48.5pp | 69.8%-38.0pp |
| Annual return | -19.74% | -11.14%-8.6pp | -0.04%-19.7pp | 1.58%-21.3pp |
| Employer contribution / active EE | $440 | $2,361-81.3% | $4,951-91.1% | $2,544-82.7% |
| Participant deferral / active EE | $1,059 | $2,919-63.7% | $5,637-81.2% | $4,237-75.0% |
| Admin fee / account holder | $217 | $502-56.7% | $14,673-98.5% | $593-63.4% |