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.7 years Service code 15 · EIN 45-6062081 | Recordkeeping | $170,651 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,552 | $44,626-38.3% | $86,188-68.0% | $80,160-65.6% |
| Participation rate | 97.7% | 63.5%+34.2pp | 69.0%+28.8pp | 72.9%+24.8pp |
| Annual return | 24.74% | 19.61%+5.1pp | 1168.45%-1143.7pp | 40.38%-15.6pp |
| Employer contribution / active EE | $2,346 | $1,099+113.5% | $2,380-1.4% | $2,978-21.2% |
| Participant deferral / active EE | $5,596 | $2,769+102.1% | $3,985+40.4% | $5,017+11.5% |
| Admin fee / account holder | $75 | $133-43.5% | $6,852-98.9% | $145-48.0% |