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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $15,737 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,746 | $131,799-25.8% | $200,582-51.3% | $85,563+14.2% |
| Participation rate | 95.9% | 87.9%+8.0pp | 86.9%+9.1pp | 66.0%+30.0pp |
| Annual return | 15.01% | 21.59%-6.6pp | 42.33%-27.3pp | 31.51%-16.5pp |
| Employer contribution / active EE | $2,756 | $4,532-39.2% | $6,419-57.1% | $2,654+3.9% |
| Participant deferral / active EE | $5,145 | $7,702-33.2% | $9,331-44.9% | $4,375+17.6% |
| Admin fee / account holder | $42 | $235-82.1% | $16,305-99.7% | $834-95.0% |