Filed April 18, 2017 (most recent of 2 filings on file)
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 year Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 S COLUMBIA ROAD · GRAND FORKS, ND 58201 | Recordkeeping | $20,164 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,220 | $26,549+55.3% | $61,373-32.8% | $66,914-38.4% |
| Participation rate | 96.3% | 38.1%+58.2pp | 52.6%+43.7pp | 69.8%+26.5pp |
| Annual return | -18.18% | -16.21%-2.0pp | 338.61%-356.8pp | 1.58%-19.8pp |
| Employer contribution / active EE | $1,751 | $651+168.8% | $1,159+51.0% | $2,544-31.2% |
| Participant deferral / active EE | $3,814 | $1,338+185.0% | $2,125+79.5% | $4,237-10.0% |
| Admin fee / account holder | $111 | $409-72.9% | $2,130-94.8% | $593-81.3% |