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 Service code 15 · EIN 45-6062081 | Recordkeeping | $7,068 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,194 | $46,732-54.6% | $156,549-86.5% | $55,167-61.6% |
| Participation rate | 86.8% | 65.8%+21.0pp | 84.0%+2.7pp | 69.0%+17.8pp |
| Annual return | 13.38% | 17.72%-4.3pp | 32.23%-18.9pp | 169.23%-155.9pp |
| Employer contribution / active EE | $1,994 | $2,105-5.3% | $5,501-63.8% | $1,963+1.6% |
| Participant deferral / active EE | $2,686 | $2,204+21.9% | $4,871-44.9% | $3,054-12.1% |
| Admin fee / account holder | $32 | $418-92.4% | $13,027-99.8% | $504-93.7% |