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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $18,803 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,178 | $66,098+115.1% | $101,794+39.7% | $74,304+91.3% |
| Participation rate | 66.9% | 53.8%+13.2pp | 69.2%-2.3pp | 60.3%+6.6pp |
| Annual return | 15.78% | 19.59%-3.8pp | 30.53%-14.7pp | 29.43%-13.6pp |
| Employer contribution / active EE | $1,828 | $1,082+69.0% | $2,289-20.1% | $2,241-18.4% |
| Participant deferral / active EE | $4,742 | $2,781+70.5% | $4,084+16.1% | $3,767+25.9% |
| Admin fee / account holder | $169 | $4,146-95.9% | $8,777-98.1% | $2,969-94.3% |