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 10-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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $94,662 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,723 | $80,724+26.0% | $103,333-1.6% | $74,495+36.6% |
| Participation rate | 92.9% | 65.7%+27.3pp | 74.5%+18.4pp | 67.2%+25.7pp |
| Annual return | 12.82% | 27.56%-14.7pp | 24.88%-12.1pp | 1364.94%-1352.1pp |
| Employer contribution / active EE | $8,194 | $3,157+159.5% | $3,868+111.8% | $2,623+212.4% |
| Participant deferral / active EE | $8,075 | $3,860+109.2% | $5,057+59.7% | $4,346+85.8% |
| Admin fee / account holder | $314 | $2,368-86.7% | $8,355-96.2% | $1,942-83.8% |