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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,530 |
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 | $81,138 | $64,909+25.0% | $82,313-1.4% | $62,292+30.3% |
| Participation rate | 90.8% | 74.9%+16.0pp | 76.9%+13.9pp | 69.5%+21.3pp |
| Annual return | 14.64% | 21.18%-6.5pp | 25.88%-11.2pp | 28.90%-14.3pp |
| Employer contribution / active EE | $586 | $1,676-65.0% | $2,428-75.9% | $2,042-71.3% |
| Participant deferral / active EE | $3,325 | $3,103+7.1% | $3,706-10.3% | $3,169+4.9% |
| Admin fee / account holder | $119 | $440-73.0% | $5,608-97.9% | $479-75.2% |