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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $70,030 |
ALERUS FINANCIAL, N.A.7 years Filed as: ALERUS INVESTMENT ADVISORS Service code 51 · EIN 42-1378382 | Investment Mgmt Fees | $18,406 |
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 | $60,647 | $56,767+6.8% | $101,794-40.4% | $85,563-29.1% |
| Participation rate | 31.0% | 57.6%-26.6pp | 69.2%-38.2pp | 66.0%-35.0pp |
| Annual return | 25.60% | 17.76%+7.8pp | 30.53%-4.9pp | 31.51%-5.9pp |
| Employer contribution / active EE | $390 | $1,112-64.9% | $2,289-83.0% | $2,654-85.3% |
| Participant deferral / active EE | $1,077 | $2,720-60.4% | $4,084-73.6% | $4,375-75.4% |
| Admin fee / account holder | $251 | $1,098-77.2% | $8,777-97.1% | $834-70.0% |