See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.6 years Service code 15 · EIN 45-6062081 | Recordkeeping | $127,218 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,397 | $39,973-49.0% | $79,550-74.4% | $77,904-73.8% |
| Participation rate | 98.4% | 64.6%+33.8pp | 69.5%+28.9pp | 73.7%+24.7pp |
| Annual return | -13.65% | 3.42%-17.1pp | 0.16%-13.8pp | 12.21%-25.9pp |
| Employer contribution / active EE | $2,266 | $1,088+108.3% | $2,413-6.1% | $2,848-20.4% |
| Participant deferral / active EE | $5,215 | $2,774+88.0% | $3,985+30.9% | $4,806+8.5% |
| Admin fee / account holder | $64 | $113-43.4% | $6,832-99.1% | $133-51.8% |