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 5-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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $36,858 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $18,881 | $34,934-46.0% | $56,411-66.5% | $74,495-74.7% |
| Participation rate | 90.9% | 32.8%+58.1pp | 52.5%+38.4pp | 67.2%+23.7pp |
| Annual return | 15.45% | 25.94%-10.5pp | 1701.33%-1685.9pp | 1364.94%-1349.5pp |
| Employer contribution / active EE | $2,299 | $609+277.6% | $1,039+121.4% | $2,623-12.3% |
| Participant deferral / active EE | $4,548 | $1,170+288.6% | $1,952+133.0% | $4,346+4.7% |
| Admin fee / account holder | $141 | $2,364-94.0% | $2,829-95.0% | $1,942-92.7% |