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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $39,042 |
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 | $35,726 | $99,957-64.3% | $149,696-76.1% | $73,488-51.4% |
| Participation rate | 87.6% | 75.7%+11.9pp | 82.5%+5.1pp | 70.7%+16.9pp |
| Annual return | 21.67% | 53.87%-32.2pp | 276.60%-254.9pp | 28.51%-6.8pp |
| Employer contribution / active EE | $1,734 | $3,191-45.7% | $4,644-62.7% | $2,270-23.6% |
| Participant deferral / active EE | $2,647 | $6,073-56.4% | $6,842-61.3% | $3,740-29.2% |
| Admin fee / account holder | $183 | $551-66.7% | $9,309-98.0% | $513-64.3% |