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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $24,572 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,929 | $45,343-3.1% | $150,298-70.8% | $67,986-35.4% |
| Participation rate | 74.1% | 51.9%+22.2pp | 77.8%-3.7pp | 57.2%+16.9pp |
| Annual return | 10.25% | 33.28%-23.0pp | 62.79%-52.5pp | 31.67%-21.4pp |
| Employer contribution / active EE | $1,661 | $1,462+13.6% | $4,154-60.0% | $2,019-17.7% |
| Participant deferral / active EE | $2,403 | $2,055+17.0% | $5,453-55.9% | $3,358-28.4% |
| Admin fee / account holder | $165 | $2,250-92.7% | $14,116-98.8% | $3,203-94.9% |