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.8+ years Filed as: ALERUS FINAICIAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $4,602 |
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 | $53,939 | $73,867-27.0% | $143,757-62.5% | $68,494-21.3% |
| Participation rate | 96.5% | 66.7%+29.9pp | 80.3%+16.2pp | 67.9%+28.6pp |
| Annual return | -24.82% | 1.01%-25.8pp | -0.04%-24.8pp | -7.84%-17.0pp |
| Employer contribution / active EE | $5,203 | $3,184+63.4% | $4,951+5.1% | $2,596+100.4% |
| Participant deferral / active EE | $2,349 | $3,384-30.6% | $5,637-58.3% | $4,027-41.7% |
| Admin fee / account holder | $32 | $5,755-99.4% | $14,673-99.8% | $5,403-99.4% |