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.2 years Filed as: ALERUS FINANCIAL NA Service code 62 · EIN 45-0140105 | Float revenue; Recordkeeping fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,958 | $55,415-18.9% | $155,509-71.1% | $74,495-39.6% |
| Participation rate | 59.6% | 61.9%-2.3pp | 78.2%-18.6pp | 67.2%-7.6pp |
| Annual return | 13.62% | 268.50%-254.9pp | 64.67%-51.0pp | 1364.94%-1351.3pp |
| Employer contribution / active EE | $1,758 | $2,267-22.5% | $4,672-62.4% | $2,623-33.0% |
| Participant deferral / active EE | $1,943 | $2,836-31.5% | $5,626-65.5% | $4,346-55.3% |
| Admin fee / account holder | $270 | $1,738-84.5% | $15,912-98.3% | $1,942-86.1% |