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.5 years Filed as: ALERUS Service code 16 · EIN 45-0140105 | Consulting | $31,250 |
Service code 37 · EIN 04-2647786 | Loan Processing | $11,536 |
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 | $108,028 | $79,519+35.9% | $95,952+12.6% | $73,409+47.2% |
| Participation rate | 95.6% | 81.2%+14.4pp | 77.1%+18.5pp | 72.2%+23.4pp |
| Annual return | 19.39% | 19.20%+0.2pp | 91.61%-72.2pp | 59.29%-39.9pp |
| Employer contribution / active EE | $2,023 | $2,048-1.2% | $2,541-20.4% | $2,234-9.4% |
| Participant deferral / active EE | $6,394 | $4,138+54.5% | $4,167+53.4% | $3,805+68.0% |
| Admin fee / account holder | $119 | $184-35.5% | $6,795-98.3% | $158-24.7% |