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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $33,214 |
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 | $33,775 | $60,165-43.9% | $74,183-54.5% | $55,167-38.8% |
| Participation rate | 84.5% | 74.2%+10.4pp | 76.6%+7.9pp | 69.0%+15.5pp |
| Annual return | 11.80% | 10.00%+1.8pp | 17.74%-5.9pp | 169.23%-157.4pp |
| Employer contribution / active EE | $855 | $1,600-46.6% | $2,370-63.9% | $1,963-56.4% |
| Participant deferral / active EE | $1,933 | $2,973-35.0% | $3,550-45.5% | $3,054-36.7% |
| Admin fee / account holder | $219 | $419-47.9% | $5,586-96.1% | $504-56.6% |