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.2+ years Service code 15 · EIN 45-6026081 | Recordkeeping | $27,778 |
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 27 · EIN 42-1378382 | Advisory (Plan) | $11,572 |
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 | $41,946 | $63,924-34.4% | $108,579-61.4% | $55,167-24.0% |
| Participation rate | 81.4% | 74.3%+7.1pp | 79.6%+1.9pp | 69.0%+12.5pp |
| Annual return | 12.90% | 15.31%-2.4pp | -51.70%+64.6pp | 169.23%-156.3pp |
| Employer contribution / active EE | $1,044 | $1,879-44.4% | $3,758-72.2% | $1,963-46.8% |
| Participant deferral / active EE | $2,641 | $3,067-13.9% | $4,311-38.7% | $3,054-13.5% |
| Admin fee / account holder | $183 | $618-70.4% | $7,645-97.6% | $504-63.7% |