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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $46,952 |
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 | $48,871 | $55,449-11.9% | $83,848-41.7% | $56,287-13.2% |
| Participation rate | 98.1% | 68.0%+30.1pp | 76.1%+21.9pp | 69.9%+28.2pp |
| Annual return | -5.23% | -1.38%-3.8pp | 850.88%-856.1pp | -9.96%+4.7pp |
| Employer contribution / active EE | $4,458 | $2,430+83.4% | $3,631+22.8% | $2,111+111.2% |
| Participant deferral / active EE | $2,522 | $2,935-14.1% | $4,082-38.2% | $3,350-24.7% |
| Admin fee / account holder | $230 | $656-65.0% | $5,478-95.8% | $521-55.9% |