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.2 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 SOUTH COLUMBIA ROAD · GRAND FORKS, ND 58201 | Recordkeeping | $5,978 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,109 | $102,317-39.3% | $146,958-57.7% | $80,856-23.2% |
| Participation rate | 81.7% | 75.8%+5.9pp | 82.2%-0.4pp | 67.6%+14.1pp |
| Annual return | 16.36% | 134.76%-118.4pp | 418.34%-402.0pp | 35.59%-19.2pp |
| Employer contribution / active EE | $5,053 | $3,713+36.1% | $4,933+2.4% | $2,755+83.4% |
| Participant deferral / active EE | $12,210 | $6,644+83.8% | $8,070+51.3% | $4,296+184.2% |
| Admin fee / account holder | $37 | $7,941-99.5% | $12,998-99.7% | $6,918-99.5% |