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 Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-0140105 2300 S COLUMBIA RD · GRAND FORKS, ND 58211 | Recordkeeping | $11,449 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $92,454 | $85,766+7.8% | $136,294-32.2% | $70,131+31.8% |
| Participation rate | 57.4% | 74.2%-16.8pp | 81.9%-24.6pp | 69.5%-12.2pp |
| Annual return | 15.44% | 31.45%-16.0pp | 5155.94%-5140.5pp | 73.14%-57.7pp |
| Employer contribution / active EE | $1,262 | $2,966-57.4% | $4,695-73.1% | $2,342-46.1% |
| Participant deferral / active EE | $5,623 | $5,051+11.3% | $6,247-10.0% | $3,332+68.8% |
| Admin fee / account holder | $149 | $5,420-97.3% | $9,243-98.4% | $4,645-96.8% |