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 | $8,005 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,402 | $72,254-84.2% | $86,677-86.8% | $64,808-82.4% |
| Participation rate | 98.3% | 80.4%+17.9pp | 76.6%+21.8pp | 71.5%+26.9pp |
| Annual return | -7.34% | 392.42%-399.8pp | 35.91%-43.2pp | 32.82%-40.2pp |
| Employer contribution / active EE | $1,455 | $2,393-39.2% | $2,836-48.7% | $2,506-42.0% |
| Participant deferral / active EE | $0 | $4,658-100.0% | $4,656-100.0% | $4,310-100.0% |
| Admin fee / account holder | $17 | $174-90.0% | $7,493-99.8% | $188-90.8% |