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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $28,427 |
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 | $51,939 | $69,362-25.1% | $101,248-48.7% | $73,488-29.3% |
| Participation rate | 90.7% | 68.4%+22.3pp | 75.8%+14.9pp | 70.7%+20.0pp |
| Annual return | 16.01% | 18.46%-2.5pp | 46.47%-30.5pp | 28.51%-12.5pp |
| Employer contribution / active EE | $1,641 | $2,628-37.6% | $3,660-55.1% | $2,270-27.7% |
| Participant deferral / active EE | $2,392 | $3,300-27.5% | $4,370-45.3% | $3,740-36.0% |
| Admin fee / account holder | $249 | $704-64.6% | $5,945-95.8% | $513-51.4% |