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 | $68,972 |
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 | $122,419 | $100,923+21.3% | $150,045-18.4% | $74,304+64.8% |
| Participation rate | 87.6% | 70.1%+17.6pp | 82.3%+5.3pp | 60.3%+27.3pp |
| Annual return | 14.80% | 51.77%-37.0pp | 62.55%-47.8pp | 29.43%-14.6pp |
| Employer contribution / active EE | $3,384 | $3,463-2.3% | $4,693-27.9% | $2,241+51.0% |
| Participant deferral / active EE | $8,192 | $6,709+22.1% | $7,997+2.4% | $3,767+117.5% |
| Admin fee / account holder | $346 | $2,767-87.5% | $13,435-97.4% | $2,969-88.4% |