Filed March 3, 2025
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 Service code 15 · EIN 45-0140105 2300 S COLUMBIA ROAD · GRAND FORKS, ND 58211 | Recordkeeping | $31,120 |
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 | $36,814 | $50,199-26.7% | $70,092-47.5% | $66,914-45.0% |
| Participation rate | 95.3% | 66.3%+29.0pp | 70.5%+24.9pp | 69.8%+25.5pp |
| Annual return | -10.90% | -13.85%+2.9pp | 190.73%-201.6pp | 1.58%-12.5pp |
| Employer contribution / active EE | $1,687 | $1,864-9.5% | $2,559-34.1% | $2,544-33.7% |
| Participant deferral / active EE | $3,664 | $3,112+17.7% | $3,849-4.8% | $4,237-13.5% |
| Admin fee / account holder | $175 | $600-70.8% | $6,267-97.2% | $593-70.5% |