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 Filed as: ALERUS FINANCIAL Service code 16 · EIN 45-0140105 | Consulting | $25,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $10,555 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $76,905 | $65,118+18.1% | $76,768+0.2% | $55,725+38.0% |
| Participation rate | 95.4% | 79.6%+15.8pp | 77.0%+18.4pp | 70.9%+24.6pp |
| Annual return | -1.62% | -1.27%-0.4pp | 2.43%-4.0pp | 244.93%-246.5pp |
| Employer contribution / active EE | $1,970 | $1,941+1.5% | $2,485-20.7% | $2,078-5.2% |
| Participant deferral / active EE | $6,143 | $3,688+66.5% | $3,852+59.5% | $3,356+83.1% |
| Admin fee / account holder | $98 | $116-15.5% | $6,675-98.5% | $115-15.0% |