Filed January 8, 2019 (most recent of 3 filings on file)
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 Service code 15 · EIN 45-6062081 | Recordkeeping | $3,499 |
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 | $169,564 | $89,739+89.0% | $149,718+13.3% | $62,292+172.2% |
| Participation rate | 100.0% | 85.1%+14.9pp | 87.1%+12.9pp | 69.5%+30.5pp |
| Annual return | 16.89% | 21.01%-4.1pp | 1501.63%-1484.7pp | 28.90%-12.0pp |
| Employer contribution / active EE | $5,492 | $3,233+69.9% | $5,445+0.9% | $2,042+168.9% |
| Participant deferral / active EE | $7,246 | $4,797+51.1% | $6,569+10.3% | $3,169+128.7% |
| Admin fee / account holder | $13 | $551-97.6% | $11,283-99.9% | $479-97.2% |