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 | $64,428 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $76,448 | $78,419-2.5% | $133,956-42.9% | $73,409+4.1% |
| Participation rate | 92.3% | 78.6%+13.7pp | 79.8%+12.5pp | 72.2%+20.1pp |
| Annual return | 11.68% | 33.35%-21.7pp | 45.09%-33.4pp | 59.29%-47.6pp |
| Employer contribution / active EE | $963 | $2,044-52.9% | $3,919-75.4% | $2,234-56.9% |
| Participant deferral / active EE | $4,496 | $3,925+14.5% | $5,048-10.9% | $3,805+18.1% |
| Admin fee / account holder | $169 | $161+4.5% | $8,927-98.1% | $158+6.8% |