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.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $9,973 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,599 | $65,557-56.4% | $105,738-73.0% | $56,287-49.2% |
| Participation rate | 69.0% | 63.4%+5.6pp | 76.3%-7.3pp | 69.9%-0.8pp |
| Annual return | -5.51% | -1.32%-4.2pp | 6.27%-11.8pp | -9.96%+4.4pp |
| Employer contribution / active EE | $874 | $1,788-51.1% | $3,268-73.3% | $2,111-58.6% |
| Participant deferral / active EE | $2,032 | $2,418-16.0% | $4,080-50.2% | $3,350-39.3% |
| Admin fee / account holder | $57 | $561-89.9% | $6,913-99.2% | $521-89.1% |