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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $50,982 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,238 | $84,487-66.6% | $125,339-77.5% | $66,914-57.8% |
| Participation rate | 93.6% | 76.4%+17.2pp | 82.4%+11.3pp | 69.8%+23.8pp |
| Annual return | -17.03% | -8.39%-8.6pp | 572.05%-589.1pp | 1.58%-18.6pp |
| Employer contribution / active EE | $1,799 | $3,553-49.4% | $4,814-62.6% | $2,544-29.3% |
| Participant deferral / active EE | $2,880 | $6,781-57.5% | $7,446-61.3% | $4,237-32.0% |
| Admin fee / account holder | $180 | $685-73.7% | $10,010-98.2% | $593-69.6% |