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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $62,408 |
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 | $73,712 | $69,362+6.3% | $101,248-27.2% | $73,488+0.3% |
| Participation rate | 96.8% | 68.4%+28.4pp | 75.8%+21.0pp | 70.7%+26.1pp |
| Annual return | 16.01% | 18.46%-2.5pp | 46.47%-30.5pp | 28.51%-12.5pp |
| Employer contribution / active EE | $5,056 | $2,628+92.4% | $3,660+38.2% | $2,270+122.7% |
| Participant deferral / active EE | $2,618 | $3,300-20.7% | $4,370-40.1% | $3,740-30.0% |
| Admin fee / account holder | $296 | $704-57.9% | $5,945-95.0% | $513-42.3% |