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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $18,578 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,380 | $58,101-6.4% | $118,925-54.3% | $73,409-25.9% |
| Participation rate | 51.5% | 56.1%-4.6pp | 75.4%-23.8pp | 72.2%-20.6pp |
| Annual return | 24.67% | 20.56%+4.1pp | 35.88%-11.2pp | 59.29%-34.6pp |
| Employer contribution / active EE | $460 | $1,445-68.2% | $3,263-85.9% | $2,234-79.4% |
| Participant deferral / active EE | $1,868 | $2,400-22.1% | $4,265-56.2% | $3,805-50.9% |
| Admin fee / account holder | $65 | $138-52.8% | $6,581-99.0% | $158-58.7% |