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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $12,794 |
ALERUS FINANCIAL, N.A.5 years Filed as: ALERUS FINANCIAL Service code 27 · EIN 45-0140105 | Advisory (Plan) | $6,250 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,934 | $72,254+21.7% | $86,677+1.5% | $64,808+35.7% |
| Participation rate | 97.3% | 80.4%+16.8pp | 76.6%+20.7pp | 71.5%+25.8pp |
| Annual return | -18.21% | 392.42%-410.6pp | 35.91%-54.1pp | 32.82%-51.0pp |
| Employer contribution / active EE | $1,967 | $2,393-17.8% | $2,836-30.7% | $2,506-21.5% |
| Participant deferral / active EE | $6,688 | $4,658+43.6% | $4,656+43.6% | $4,310+55.2% |
| Admin fee / account holder | $46 | $174-73.7% | $7,493-99.4% | $188-75.6% |