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 Filed as: ALERUS FINANCIAL, N.A Service code 15 · EIN 45-6062081 | Recordkeeping | $7,410 |
Service code 15 · EIN 45-5614715 | Recordkeeping | $2,660 |
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 | $200,776 | $47,977+318.5% | $154,107+30.3% | $56,287+256.7% |
| Participation rate | 87.2% | 66.2%+21.0pp | 83.0%+4.2pp | 69.9%+17.3pp |
| Annual return | -6.25% | 3.54%-9.8pp | 735.12%-741.4pp | -9.96%+3.7pp |
| Employer contribution / active EE | $8,087 | $2,169+272.9% | $5,298+52.7% | $2,111+283.1% |
| Participant deferral / active EE | $5,743 | $2,392+140.1% | $5,081+13.0% | $3,350+71.4% |
| Admin fee / account holder | $47 | $438-89.3% | $13,411-99.7% | $521-91.0% |