See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $32,323 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 27 · EIN 42-1378382 | Advisory (Plan) | $8,915 |
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 | $44,820 | $73,638-39.1% | $95,952-53.3% | $73,488-39.0% |
| Participation rate | 74.5% | 76.2%-1.6pp | 77.1%-2.6pp | 70.7%+3.8pp |
| Annual return | 14.63% | 16.78%-2.2pp | 91.61%-77.0pp | 28.51%-13.9pp |
| Employer contribution / active EE | $778 | $1,863-58.3% | $2,541-69.4% | $2,270-65.7% |
| Participant deferral / active EE | $1,858 | $3,617-48.6% | $4,167-55.4% | $3,740-50.3% |
| Admin fee / account holder | $251 | $482-47.8% | $6,795-96.3% | $513-51.0% |