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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $50,786 |
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 | $101,842 | $91,407+11.4% | $135,903-25.1% | $71,457+42.5% |
| Participation rate | 77.5% | 75.7%+1.9pp | 81.9%-4.4pp | 67.9%+9.6pp |
| Annual return | 18.86% | 29.90%-11.0pp | 68.23%-49.4pp | 28.85%-10.0pp |
| Employer contribution / active EE | $2,919 | $3,703-21.2% | $4,856-39.9% | $2,588+12.8% |
| Participant deferral / active EE | $6,828 | $7,092-3.7% | $7,758-12.0% | $4,289+59.2% |
| Admin fee / account holder | $302 | $1,266-76.2% | $10,762-97.2% | $1,587-81.0% |