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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $21,281 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $73,857 | $49,227+50.0% | $70,449+4.8% | $79,858-7.5% |
| Participation rate | 100.0% | 69.2%+30.8pp | 75.1%+24.9pp | 69.6%+30.4pp |
| Annual return | 4.95% | 30.06%-25.1pp | 109.03%-104.1pp | 31.71%-26.8pp |
| Employer contribution / active EE | $6,608 | $2,099+214.8% | $2,737+141.5% | $2,471+167.4% |
| Participant deferral / active EE | $7,706 | $2,768+178.4% | $3,709+107.8% | $3,740+106.0% |
| Admin fee / account holder | $167 | $2,878-94.2% | $3,845-95.6% | $5,306-96.8% |