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.1 year Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 SOUTH COLUMBIA ROAD · GRAND FORKS, ND 58201 | Recordkeeping | $6,037 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,942 | $91,407-42.1% | $135,903-61.0% | $71,457-25.9% |
| Participation rate | 83.3% | 75.7%+7.7pp | 81.9%+1.4pp | 67.9%+15.4pp |
| Annual return | 24.91% | 29.90%-5.0pp | 68.23%-43.3pp | 28.85%-3.9pp |
| Employer contribution / active EE | $4,860 | $3,703+31.2% | $4,856+0.1% | $2,588+87.8% |
| Participant deferral / active EE | $11,435 | $7,092+61.2% | $7,758+47.4% | $4,289+166.6% |
| Admin fee / account holder | $31 | $1,266-97.5% | $10,762-99.7% | $1,587-98.0% |