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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $18,180 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $54,392 | $85,766-36.6% | $136,294-60.1% | $70,131-22.4% |
| Participation rate | 84.0% | 74.2%+9.9pp | 81.9%+2.1pp | 69.5%+14.5pp |
| Annual return | 14.99% | 31.45%-16.5pp | 5155.94%-5141.0pp | 73.14%-58.2pp |
| Employer contribution / active EE | $27 | $2,966-99.1% | $4,695-99.4% | $2,342-98.8% |
| Participant deferral / active EE | $6,799 | $5,051+34.6% | $6,247+8.8% | $3,332+104.1% |
| Admin fee / account holder | $151 | $5,420-97.2% | $9,243-98.4% | $4,645-96.8% |