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.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $28,899 |
E. COHEN AND COMPANY, CPAS6+ years Service code 10 · EIN 52-1754364 | Accounting | $12,150 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,418 | $78,672+4.8% | $109,143-24.5% | $85,850-4.0% |
| Participation rate | 80.4% | 68.3%+12.2pp | 75.9%+4.6pp | 69.3%+11.1pp |
| Annual return | 14.97% | 25.09%-10.1pp | 25.75%-10.8pp | 318.53%-303.6pp |
| Employer contribution / active EE | $0 | $2,735-100.0% | $3,722-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,680 | $3,467-22.7% | $4,653-42.4% | $3,952-32.2% |
| Admin fee / account holder | $419 | $5,469-92.3% | $6,752-93.8% | $6,260-93.3% |