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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $5,361 |
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 | $79,787 | $61,272+30.2% | $149,673-46.7% | $71,457+11.7% |
| Participation rate | 45.3% | 62.5%-17.2pp | 78.8%-33.4pp | 67.9%-22.6pp |
| Annual return | 16.80% | 35.85%-19.0pp | 134.42%-117.6pp | 28.85%-12.0pp |
| Employer contribution / active EE | $777 | $2,378-67.3% | $4,818-83.9% | $2,588-70.0% |
| Participant deferral / active EE | $1,267 | $2,917-56.6% | $5,680-77.7% | $4,289-70.5% |
| Admin fee / account holder | $61 | $1,261-95.2% | $13,210-99.5% | $1,587-96.2% |