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 |
|---|---|---|
Service code 50 · EIN 31-1582098 | Direct Payment | $28,412 |
ALERUS FINANCIAL, N.A.4 years Service code 27 · EIN 45-6062081 | Advisory (Plan) | $12,685 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,346 | $69,362+7.2% | $101,248-26.6% | $73,488+1.2% |
| Participation rate | 79.9% | 68.4%+11.5pp | 75.8%+4.1pp | 70.7%+9.2pp |
| Annual return | 12.90% | 18.46%-5.6pp | 46.47%-33.6pp | 28.51%-15.6pp |
| Employer contribution / active EE | $3,440 | $2,628+30.9% | $3,660-6.0% | $2,270+51.5% |
| Participant deferral / active EE | $3,811 | $3,300+15.5% | $4,370-12.8% | $3,740+1.9% |
| Admin fee / account holder | $189 | $704-73.2% | $5,945-96.8% | $513-63.3% |