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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $76,291 |
JRA FINANCIAL ADVISORS5+ years Service code 26 · EIN 41-1816080 | Advisory (Participants) | $8,134 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $315,375 | $52,953+495.6% | $172,739+82.6% | $65,185+383.8% |
| Participation rate | 94.2% | 66.2%+28.0pp | 82.6%+11.6pp | 70.2%+24.0pp |
| Annual return | 21.09% | 30.12%-9.0pp | 802.84%-781.8pp | 29.38%-8.3pp |
| Employer contribution / active EE | $7,058 | $2,190+222.3% | $5,143+37.2% | $2,177+224.3% |
| Participant deferral / active EE | $6,924 | $2,471+180.2% | $5,198+33.2% | $3,514+97.1% |
| Admin fee / account holder | $675 | $472+43.1% | $13,954-95.2% | $847-20.3% |