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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $36,572 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $41,242 | $64,909-36.5% | $82,313-49.9% | $62,292-33.8% |
| Participation rate | 83.8% | 74.9%+9.0pp | 76.9%+6.9pp | 69.5%+14.3pp |
| Annual return | 15.43% | 21.18%-5.8pp | 25.88%-10.4pp | 28.90%-13.5pp |
| Employer contribution / active EE | $1,053 | $1,676-37.2% | $2,428-56.7% | $2,042-48.5% |
| Participant deferral / active EE | $2,479 | $3,103-20.1% | $3,706-33.1% | $3,169-21.8% |
| Admin fee / account holder | $263 | $440-40.1% | $5,608-95.3% | $479-45.1% |