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 Service code 15 · EIN 45-6026081 | Recordkeeping | $30,873 |
ALERUS FINANCIAL, N.A.3+ years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 27 · EIN 42-1378382 | Advisory (Plan) | $14,334 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $45,138 | $71,192-36.6% | $117,854-61.7% | $62,292-27.5% |
| Participation rate | 85.1% | 74.2%+10.9pp | 79.7%+5.5pp | 69.5%+15.6pp |
| Annual return | 18.60% | 18.66%-0.1pp | 335.08%-316.5pp | 28.90%-10.3pp |
| Employer contribution / active EE | $1,119 | $1,934-42.1% | $3,786-70.4% | $2,042-45.2% |
| Participant deferral / active EE | $2,925 | $3,189-8.3% | $4,482-34.7% | $3,169-7.7% |
| Admin fee / account holder | $182 | $587-69.0% | $8,020-97.7% | $479-62.0% |