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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $50,072 |
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 | $87,096 | $66,124+31.7% | $90,404-3.7% | $73,488+18.5% |
| Participation rate | 95.2% | 69.7%+25.5pp | 72.7%+22.5pp | 70.7%+24.5pp |
| Annual return | 14.18% | 17.65%-3.5pp | 1293.02%-1278.8pp | 28.51%-14.3pp |
| Employer contribution / active EE | $1,729 | $2,346-26.3% | $3,262-47.0% | $2,270-23.9% |
| Participant deferral / active EE | $2,579 | $3,039-15.1% | $3,963-34.9% | $3,740-31.0% |
| Admin fee / account holder | $272 | $396-31.3% | $5,611-95.1% | $513-47.0% |