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.9 years Service code 15 · EIN 45-6062081 | Recordkeeping | $37,418 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,596 | $88,890-43.1% | $102,423-50.6% | $77,643-34.8% |
| Participation rate | 97.7% | 80.9%+16.8pp | 76.5%+21.2pp | 70.6%+27.1pp |
| Annual return | 15.08% | 24.98%-9.9pp | 29.32%-14.2pp | 31.24%-16.2pp |
| Employer contribution / active EE | $2,025 | $2,698-24.9% | $3,023-33.0% | $2,726-25.7% |
| Participant deferral / active EE | $4,234 | $5,145-17.7% | $5,053-16.2% | $4,647-8.9% |
| Admin fee / account holder | $54 | $235-77.1% | $9,451-99.4% | $430-87.5% |