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 45-6062081 | Recordkeeping | $26,073 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $29,568 | $80,753-63.4% | $136,294-78.3% | $62,292-52.5% |
| Participation rate | 70.9% | 73.5%-2.6pp | 81.9%-11.0pp | 69.5%+1.4pp |
| Annual return | 22.34% | 35.83%-13.5pp | 5155.94%-5133.6pp | 28.90%-6.6pp |
| Employer contribution / active EE | $1,113 | $2,884-61.4% | $4,695-76.3% | $2,042-45.5% |
| Participant deferral / active EE | $1,784 | $5,164-65.4% | $6,247-71.4% | $3,169-43.7% |
| Admin fee / account holder | $113 | $525-78.5% | $9,243-98.8% | $479-76.5% |