See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $14,868 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $38,090 | $70,002-45.6% | $115,037-66.9% | $52,331-27.2% |
| Participation rate | 81.2% | 72.1%+9.1pp | 81.4%-0.2pp | 68.1%+13.1pp |
| Annual return | 0.36% | 4.04%-3.7pp | 26.14%-25.8pp | 4.54%-4.2pp |
| Employer contribution / active EE | $1,880 | $2,715-30.8% | $4,608-59.2% | $1,882-0.1% |
| Participant deferral / active EE | $6,012 | $4,920+22.2% | $6,026-0.2% | $3,022+98.9% |
| Admin fee / account holder | $110 | $566-80.6% | $8,175-98.7% | $592-81.5% |