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 | $5,988 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $22,258 | $51,466-56.8% | $78,778-71.7% | $62,292-64.3% |
| Participation rate | 97.8% | 59.8%+38.0pp | 69.2%+28.6pp | 69.5%+28.3pp |
| Annual return | 17.68% | 19.96%-2.3pp | 35.62%-17.9pp | 28.90%-11.2pp |
| Employer contribution / active EE | $419 | $827-49.4% | $1,986-78.9% | $2,042-79.5% |
| Participant deferral / active EE | $2,171 | $2,147+1.1% | $2,958-26.6% | $3,169-31.5% |
| Admin fee / account holder | $26 | $489-94.8% | $5,134-99.5% | $479-94.7% |