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+ years Filed as: ALERUS Service code 15 10900 WAYZATA BLVD, STE 120 · MINNETONKA, MN 55305 | Recordkeeping | $7,523 |
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 | $37,355 | $53,412-30.1% | $68,509-45.5% | $52,331-28.6% |
| Participation rate | 73.5% | 71.7%+1.9pp | 74.7%-1.2pp | 68.1%+5.4pp |
| Annual return | 1.68% | 3.42%-1.7pp | 8.27%-6.6pp | 4.54%-2.9pp |
| Employer contribution / active EE | $0 | $1,607-100.0% | $2,278-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $1,673 | $2,688-37.8% | $3,382-50.5% | $3,022-44.6% |
| Admin fee / account holder | $65 | $461-85.8% | $5,275-98.8% | $592-88.9% |