Filed April 16, 2020 (most recent of 2 filings on file)
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.9+ years Filed as: ALERUS FINANCIAL Service code 21 · EIN 45-0140105 PO BOX 64533 · ST. PAUL, MN 551640533 | Bank Trustee | $105,309 |
BRADY MARTZ & ASSOCIATES5 years Service code 10 · EIN 45-0310328 401 DEMERS AVE 300 · GRAND FORKS, ND 58201 | Accounting | $10,700 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,419 | $47,126+0.6% | $149,673-68.3% | $74,419-36.3% |
| Participation rate | 84.1% | 63.4%+20.7pp | 78.8%+5.3pp | 70.7%+13.4pp |
| Annual return | 16.55% | 22.75%-6.2pp | 134.42%-117.9pp | 34.38%-17.8pp |
| Employer contribution / active EE | $2,519 | $1,905+32.2% | $4,818-47.7% | $2,637-4.5% |
| Participant deferral / active EE | $2,369 | $2,728-13.1% | $5,680-58.3% | $4,528-47.7% |
| Admin fee / account holder | $187 | $343-45.5% | $13,210-98.6% | $348-46.3% |