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.1+ years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 27 · EIN 42-1378382 | Advisory (Plan) | $17,659 |
ANDERSON & REED, LLP1+ years Filed as: ANDERSON HELGEN DAVIS & NISSEN, PA Service code 29 333 SOUTH SEVENTH STREET · MINNEAPOLIS, MN 55402 | Legal | $11,030 |
ORSUS ADVISORY SERVICES1+ years Service code 34 IDS CENTER SUITE 900 · MINNEAPOLIS, MN 55402 | Valuation (appraisals, etc.) | $10,000 |
HOLMGREN-BALSTER, LTD1+ years Service code 10 10627 165TH ST W · LAKEVILLE, MN 55044 | Accounting | $9,427 |
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS FINANCIAL, N. A. Service code 15 · EIN 45-6062081 | Recordkeeping | $8,100 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,371 | $38,925-40.0% | $73,843-68.4% | $55,191-57.7% |
| Participation rate | 96.4% | 66.0%+30.4pp | 73.4%+23.0pp | 69.2%+27.2pp |
| Annual return | 5.11% | 6.31%-1.2pp | 2267.84%-2262.7pp | 10.78%-5.7pp |
| Employer contribution / active EE | $440 | $1,695-74.0% | $2,787-84.2% | $1,899-76.8% |
| Participant deferral / active EE | $0 | $2,351-100.0% | $3,583-100.0% | $3,046-100.0% |
| Admin fee / account holder | $239 | $83+188.9% | $4,880-95.1% | $91+163.7% |