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 |
|---|---|---|
Filed as: AMERIPRISE FINANCIAL SERVICES LLC Service code 26 70400 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474 | Advisory (Participants) | $45,953 |
ALERUS FINANCIAL, N.A.10+ years Filed as: ALERUS FINANCIAL Service code 13 · EIN 45-6062081 | Contract Administrator | $34,101 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,098 | $54,193+53.3% | $93,654-11.3% | $77,671+7.0% |
| Participation rate | 69.8% | 63.9%+5.9pp | 68.7%+1.1pp | 70.6%-0.8pp |
| Annual return | 13.30% | 30.54%-17.2pp | 133.34%-120.0pp | 31.21%-17.9pp |
| Employer contribution / active EE | $338 | $1,168-71.0% | $2,421-86.0% | $2,726-87.6% |
| Participant deferral / active EE | $5,003 | $3,144+59.1% | $4,413+13.4% | $4,648+7.6% |
| Admin fee / account holder | $167 | $576-71.0% | $8,282-98.0% | $430-61.2% |