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 Service code 15 · EIN 45-6062081 | Recordkeeping | $4,243 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,730 | $58,879+32.0% | $178,490-56.5% | $73,488+5.8% |
| Participation rate | 63.5% | 66.2%-2.7pp | 81.9%-18.4pp | 70.7%-7.2pp |
| Annual return | 17.20% | 24.86%-7.7pp | 151.07%-133.9pp | 28.51%-11.3pp |
| Employer contribution / active EE | $1,035 | $2,236-53.7% | $5,011-79.4% | $2,270-54.4% |
| Participant deferral / active EE | $1,614 | $2,567-37.1% | $5,202-69.0% | $3,740-56.8% |
| Admin fee / account holder | $52 | $400-87.1% | $13,984-99.6% | $513-89.9% |