Filed July 1, 2026
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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.
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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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $54,206 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $48,407 | $50,815-4.7% | $155,509-68.9% | $77,643-37.7% |
| Participation rate | 34.4% | 63.1%-28.8pp | 78.2%-43.8pp | 70.6%-36.2pp |
| Annual return | 17.20% | 34.80%-17.6pp | 64.67%-47.5pp | 31.24%-14.0pp |
| Employer contribution / active EE | $357 | $1,993-82.1% | $4,672-92.4% | $2,726-86.9% |
| Participant deferral / active EE | $2,238 | $2,822-20.7% | $5,626-60.2% | $4,647-51.8% |
| Admin fee / account holder | $280 | $437-35.9% | $15,912-98.2% | $430-35.0% |