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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $57,294 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,703 | $51,197+14.7% | $82,719-29.0% | $66,914-12.3% |
| Participation rate | 98.8% | 67.8%+31.0pp | 72.6%+26.3pp | 69.8%+29.0pp |
| Annual return | -15.99% | -9.64%-6.4pp | 701.18%-717.2pp | 1.58%-17.6pp |
| Employer contribution / active EE | $2,083 | $2,611-20.2% | $3,009-30.8% | $2,544-18.1% |
| Participant deferral / active EE | $3,340 | $3,458-3.4% | $4,395-24.0% | $4,237-21.2% |
| Admin fee / account holder | $256 | $416-38.4% | $5,329-95.2% | $593-56.9% |