Filed December 21, 2022 (most recent of 2 filings on file)
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.2 years Filed as: ALERUS FINANCIAL NA Service code 27 PO BOX 6001 · GRAND FORKS, ND 582066001 | Advisory (Plan) | $15,600 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
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 | $84,046 | $74,347+13.0% | $93,606-10.2% | $67,579+24.4% |
| Participation rate | 99.8% | 80.6%+19.2pp | 75.8%+23.9pp | 71.3%+28.5pp |
| Annual return | 22.46% | 28.07%-5.6pp | 32.76%-10.3pp | 378.56%-356.1pp |
| Employer contribution / active EE | $3,043 | $2,583+17.8% | $2,718+12.0% | $2,148+41.7% |
| Participant deferral / active EE | $3,326 | $4,060-18.1% | $4,069-18.3% | $3,539-6.0% |
| Admin fee / account holder | $124 | $123+1.3% | $7,888-98.4% | $142-12.7% |