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.9+ years Filed as: ALERUS FINAICIAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $4,813 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,073 | $77,899-19.0% | $149,673-57.9% | $75,163-16.1% |
| Participation rate | 98.9% | 65.6%+33.3pp | 78.8%+20.1pp | 67.2%+31.7pp |
| Annual return | 22.51% | 31.72%-9.2pp | 134.42%-111.9pp | 160.62%-138.1pp |
| Employer contribution / active EE | $2,373 | $3,137-24.4% | $4,818-50.8% | $2,670-11.1% |
| Participant deferral / active EE | $4,915 | $3,411+44.1% | $5,680-13.5% | $4,125+19.1% |
| Admin fee / account holder | $33 | $5,956-99.5% | $13,210-99.8% | $5,651-99.4% |