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.3 years Filed as: ALERUS Service code 15 · EIN 45-0140105 2300 S COLUMBIA ROAD · GRAND FORKS, ND 58211 | Recordkeeping | $38,483 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,784 | $62,127-27.9% | $81,382-45.0% | $74,495-39.9% |
| Participation rate | 98.0% | 64.0%+33.9pp | 69.5%+28.5pp | 67.2%+30.8pp |
| Annual return | 13.64% | 16.48%-2.8pp | 24.73%-11.1pp | 1364.94%-1351.3pp |
| Employer contribution / active EE | $1,766 | $1,882-6.2% | $2,463-28.3% | $2,623-32.7% |
| Participant deferral / active EE | $4,051 | $3,229+25.4% | $3,883+4.3% | $4,346-6.8% |
| Admin fee / account holder | $208 | $1,934-89.2% | $5,768-96.4% | $1,942-89.3% |