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.7 years Service code 15 · EIN 45-6062081 | Recordkeeping | $29,433 |
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 | $36,063 | $72,254-50.1% | $86,677-58.4% | $64,808-44.4% |
| Participation rate | 96.9% | 80.4%+16.5pp | 76.6%+20.3pp | 71.5%+25.4pp |
| Annual return | -13.11% | 392.42%-405.5pp | 35.91%-49.0pp | 32.82%-45.9pp |
| Employer contribution / active EE | $1,757 | $2,393-26.6% | $2,836-38.0% | $2,506-29.9% |
| Participant deferral / active EE | $3,784 | $4,658-18.8% | $4,656-18.7% | $4,310-12.2% |
| Admin fee / account holder | $43 | $174-75.3% | $7,493-99.4% | $188-77.1% |