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, NA Service code 15 · EIN 45-6062081 | Recordkeeping | $4,367 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $199,605 | $56,317+254.4% | $71,209+180.3% | $74,304+168.6% |
| Participation rate | 98.3% | 55.1%+43.2pp | 73.8%+24.6pp | 60.3%+38.0pp |
| Annual return | 12.45% | 42.83%-30.4pp | 282.51%-270.1pp | 29.43%-17.0pp |
| Employer contribution / active EE | $5,682 | $2,160+163.1% | $2,721+108.8% | $2,241+153.5% |
| Participant deferral / active EE | $15,418 | $2,788+453.1% | $4,175+269.3% | $3,767+309.3% |
| Admin fee / account holder | $32 | $2,290-98.6% | $5,349-99.4% | $2,969-98.9% |