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.2 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 S COLUMBIA ROAD · GRAND FORKS, ND 58201 | Recordkeeping | $16,633 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $30,497 | $50,385-39.5% | $75,670-59.7% | $62,292-51.0% |
| Participation rate | 90.3% | 67.7%+22.6pp | 72.3%+18.0pp | 69.5%+20.8pp |
| Annual return | 16.33% | 19.90%-3.6pp | 27.34%-11.0pp | 28.90%-12.6pp |
| Employer contribution / active EE | $1,142 | $1,537-25.7% | $2,352-51.4% | $2,042-44.1% |
| Participant deferral / active EE | $1,985 | $2,445-18.8% | $3,142-36.8% | $3,169-37.4% |
| Admin fee / account holder | $135 | $384-64.8% | $5,800-97.7% | $479-71.8% |