Filed April 25, 2019
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 9-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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $49,507 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $146,248 | $122,239+19.6% | $184,203-20.6% | $74,495+96.3% |
| Participation rate | 100.0% | 85.5%+14.5pp | 86.8%+13.2pp | 67.2%+32.8pp |
| Annual return | 16.76% | 19.95%-3.2pp | 28.81%-12.1pp | 1364.94%-1348.2pp |
| Employer contribution / active EE | $7,679 | $4,537+69.2% | $6,427+19.5% | $2,623+192.8% |
| Participant deferral / active EE | $9,698 | $7,139+35.8% | $9,131+6.2% | $4,346+123.2% |
| Admin fee / account holder | $209 | $1,260-83.4% | $13,901-98.5% | $1,942-89.2% |