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 8-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 Filed as: ALERUS FINANCIAL, NA. Service code 15 · EIN 45-6062081 | Recordkeeping | $34,949 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,507 | $122,239-34.1% | $184,203-56.3% | $74,495+8.1% |
| Participation rate | 80.4% | 85.5%-5.0pp | 86.8%-6.4pp | 67.2%+13.2pp |
| Annual return | 20.72% | 19.95%+0.8pp | 28.81%-8.1pp | 1364.94%-1344.2pp |
| Employer contribution / active EE | $2,238 | $4,537-50.7% | $6,427-65.2% | $2,623-14.7% |
| Participant deferral / active EE | $5,821 | $7,139-18.5% | $9,131-36.2% | $4,346+34.0% |
| Admin fee / account holder | $249 | $1,260-80.2% | $13,901-98.2% | $1,942-87.2% |