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 Service code 15 · EIN 45-6062081 | Recordkeeping | $28,370 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $25,918 | $54,320-52.3% | $67,652-61.7% | $52,331-50.5% |
| Participation rate | 83.9% | 73.6%+10.3pp | 75.7%+8.2pp | 68.1%+15.7pp |
| Annual return | 0.66% | 6.81%-6.1pp | 6625.04%-6624.4pp | 4.54%-3.9pp |
| Employer contribution / active EE | $688 | $1,544-55.4% | $2,266-69.6% | $1,882-63.4% |
| Participant deferral / active EE | $1,711 | $2,950-42.0% | $3,560-51.9% | $3,022-43.4% |
| Admin fee / account holder | $162 | $527-69.2% | $4,821-96.6% | $592-72.6% |