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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,415 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $12,320 | $52,953-76.7% | $172,739-92.9% | $65,185-81.1% |
| Participation rate | 95.0% | 66.2%+28.8pp | 82.6%+12.4pp | 70.2%+24.8pp |
| Annual return | 12.03% | 30.12%-18.1pp | 802.84%-790.8pp | 29.38%-17.4pp |
| Employer contribution / active EE | $1,019 | $2,190-53.5% | $5,143-80.2% | $2,177-53.2% |
| Participant deferral / active EE | $1,765 | $2,471-28.6% | $5,198-66.0% | $3,514-49.8% |
| Admin fee / account holder | $58 | $472-87.6% | $13,954-99.6% | $847-93.1% |