See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,464 |
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 | $72,963 | $60,165+21.3% | $74,183-1.6% | $55,167+32.3% |
| Participation rate | 88.9% | 74.2%+14.7pp | 76.6%+12.3pp | 69.0%+19.9pp |
| Annual return | 7.92% | 10.00%-2.1pp | 17.74%-9.8pp | 169.23%-161.3pp |
| Employer contribution / active EE | $535 | $1,600-66.6% | $2,370-77.4% | $1,963-72.8% |
| Participant deferral / active EE | $3,268 | $2,973+10.0% | $3,550-7.9% | $3,054+7.0% |
| Admin fee / account holder | $122 | $419-70.8% | $5,586-97.8% | $504-75.7% |