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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $39,671 |
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 | $80,971 | $59,186+36.8% | $76,768+5.5% | $56,287+43.9% |
| Participation rate | 77.7% | 75.2%+2.5pp | 77.0%+0.7pp | 69.9%+7.8pp |
| Annual return | 6.53% | 6.62%-0.1pp | 2.43%+4.1pp | -9.96%+16.5pp |
| Employer contribution / active EE | $1,564 | $1,759-11.1% | $2,485-37.1% | $2,111-25.9% |
| Participant deferral / active EE | $4,705 | $3,255+44.6% | $3,852+22.2% | $3,350+40.5% |
| Admin fee / account holder | $292 | $489-40.4% | $6,675-95.6% | $521-44.0% |