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 | $56,047+8.2% | $98,716-38.6% | $79,634-23.8% |
| Participation rate | 31.0% | 54.6%-23.6pp | 69.3%-38.3pp | 62.5%-31.5pp |
| Annual return | 25.60% | 17.58%+8.0pp | 31.81%-6.2pp | 36.46%-10.9pp |
| Employer contribution / active EE | $390 | $1,237-68.5% | $2,279-82.9% | $2,529-84.6% |
| Participant deferral / active EE | $1,077 | $2,469-56.4% | $4,048-73.4% | $3,835-71.9% |
| Admin fee / account holder | $251 | $1,512-83.4% | $8,703-97.1% | $1,002-75.0% |