See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 9-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $42,840 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $78,324 | $51,620+51.7% | $90,281-13.2% | $65,185+20.2% |
| Participation rate | 96.3% | 68.6%+27.6pp | 73.3%+23.0pp | 70.2%+26.1pp |
| Annual return | 26.74% | 24.94%+1.8pp | 78.10%-51.4pp | 29.38%-2.6pp |
| Employer contribution / active EE | $1,869 | $2,235-16.3% | $2,854-34.5% | $2,177-14.1% |
| Participant deferral / active EE | $3,019 | $2,871+5.2% | $3,885-22.3% | $3,514-14.1% |
| Admin fee / account holder | $234 | $384-39.1% | $5,351-95.6% | $847-72.4% |