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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $69,256 |
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 | $85,949 | $86,944-1.1% | $107,525-20.1% | $74,304+15.7% |
| Participation rate | 97.4% | 59.6%+37.9pp | 75.1%+22.4pp | 60.3%+37.1pp |
| Annual return | 16.67% | 23.52%-6.8pp | 181.32%-164.6pp | 29.43%-12.8pp |
| Employer contribution / active EE | $3,020 | $2,757+9.6% | $3,754-19.5% | $2,241+34.8% |
| Participant deferral / active EE | $4,021 | $3,554+13.1% | $5,116-21.4% | $3,767+6.7% |
| Admin fee / account holder | $313 | $3,727-91.6% | $8,919-96.5% | $2,969-89.4% |