See peer percentile detail with Solo.
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.
See the 8-year trajectory with Solo.
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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $15,101 |
Filed as: INTELLICENTS Service code 26 · EIN 41-1471080 | Advisory (Participants) | $6,556 |
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $844 |
CHARLES SCHWAB & CO., INC.7 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,882 | $55,415-49.7% | $155,509-82.1% | $74,495-62.6% |
| Participation rate | 53.4% | 61.9%-8.5pp | 78.2%-24.8pp | 67.2%-13.8pp |
| Annual return | 11.68% | 268.50%-256.8pp | 64.67%-53.0pp | 1364.94%-1353.3pp |
| Employer contribution / active EE | $1,044 | $2,267-53.9% | $4,672-77.7% | $2,623-60.2% |
| Participant deferral / active EE | $1,861 | $2,836-34.4% | $5,626-66.9% | $4,346-57.2% |
| Admin fee / account holder | $217 | $1,738-87.5% | $15,912-98.6% | $1,942-88.8% |