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 48-1205033 | Recordkeeping | $3,232 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $37,052 | $46,722-20.7% | $130,648-71.6% | $65,185-43.2% |
| Participation rate | 65.9% | 60.9%+4.9pp | 71.7%-5.9pp | 70.2%-4.3pp |
| Annual return | 19.56% | 24.17%-4.6pp | 1708.96%-1689.4pp | 29.38%-9.8pp |
| Employer contribution / active EE | $416 | $1,488-72.1% | $4,092-89.8% | $2,177-80.9% |
| Participant deferral / active EE | $1,296 | $2,545-49.1% | $3,603-64.0% | $3,514-63.1% |
| Admin fee / account holder | $32 | $453-92.9% | $5,464-99.4% | $847-96.2% |