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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $38,336 |
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 | $37,263 | $59,186-37.0% | $76,768-51.5% | $56,287-33.8% |
| Participation rate | 76.5% | 75.2%+1.3pp | 77.0%-0.5pp | 69.9%+6.7pp |
| Annual return | -5.09% | 6.62%-11.7pp | 2.43%-7.5pp | -9.96%+4.9pp |
| Employer contribution / active EE | $846 | $1,759-51.9% | $2,485-66.0% | $2,111-59.9% |
| Participant deferral / active EE | $1,963 | $3,255-39.7% | $3,852-49.0% | $3,350-41.4% |
| Admin fee / account holder | $274 | $489-44.0% | $6,675-95.9% | $521-47.4% |