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.7 years Service code 15 · EIN 45-6062081 | Recordkeeping | $28,363 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,753 | $56,423+11.2% | $77,163-18.7% | $71,457-12.2% |
| Participation rate | 62.6% | 64.3%-1.7pp | 69.6%-7.0pp | 67.9%-5.3pp |
| Annual return | 20.95% | 19.05%+1.9pp | 37.87%-16.9pp | 28.85%-7.9pp |
| Employer contribution / active EE | $1,548 | $1,866-17.0% | $2,535-38.9% | $2,588-40.2% |
| Participant deferral / active EE | $2,539 | $3,142-19.2% | $3,833-33.8% | $4,289-40.8% |
| Admin fee / account holder | $225 | $1,429-84.2% | $5,472-95.9% | $1,587-85.8% |