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 | $2,418 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $36,351 | $57,976-37.3% | $62,995-42.3% | $62,292-41.6% |
| Participation rate | 81.1% | 75.9%+5.2pp | 74.8%+6.3pp | 69.5%+11.6pp |
| Annual return | 25.81% | 17.54%+8.3pp | 87.57%-61.8pp | 28.90%-3.1pp |
| Employer contribution / active EE | $6,851 | $2,415+183.7% | $2,759+148.3% | $2,042+235.5% |
| Participant deferral / active EE | $4,983 | $2,956+68.6% | $3,329+49.7% | $3,169+57.2% |
| Admin fee / account holder | $16 | $276-94.1% | $3,600-99.5% | $479-96.6% |