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 10-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.3 years Service code 19 · EIN 45-6062081 | Securities Custodian | $13,821 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $65,866 | $54,045+21.9% | $115,157-42.8% | $65,185+1.0% |
| Participation rate | 72.7% | 63.5%+9.1pp | 75.9%-3.2pp | 70.2%+2.5pp |
| Annual return | 19.06% | 26.55%-7.5pp | 35.60%-16.5pp | 29.38%-10.3pp |
| Employer contribution / active EE | $6 | $1,653-99.6% | $3,179-99.8% | $2,177-99.7% |
| Participant deferral / active EE | $2,724 | $2,504+8.8% | $4,168-34.7% | $3,514-22.5% |
| Admin fee / account holder | $65 | $626-89.6% | $7,088-99.1% | $847-92.3% |