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 Service code 15 · EIN 45-6062081 | Recordkeeping | $23,399 |
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,651 | $50,385-17.3% | $75,670-45.0% | $62,292-33.1% |
| Participation rate | 93.3% | 67.7%+25.6pp | 72.3%+20.9pp | 69.5%+23.8pp |
| Annual return | 12.88% | 19.90%-7.0pp | 27.34%-14.5pp | 28.90%-16.0pp |
| Employer contribution / active EE | $1,195 | $1,537-22.3% | $2,352-49.2% | $2,042-41.5% |
| Participant deferral / active EE | $3,518 | $2,445+43.9% | $3,142+12.0% | $3,169+11.0% |
| Admin fee / account holder | $99 | $384-74.2% | $5,800-98.3% | $479-79.3% |