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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $87,645 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $156 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,794 | $106,028-65.3% | $146,958-75.0% | $77,643-52.6% |
| Participation rate | 86.1% | 78.4%+7.7pp | 82.2%+3.9pp | 70.6%+15.5pp |
| Annual return | 15.70% | 56.73%-41.0pp | 418.34%-402.6pp | 31.24%-15.5pp |
| Employer contribution / active EE | $1,836 | $4,063-54.8% | $4,933-62.8% | $2,726-32.6% |
| Participant deferral / active EE | $2,746 | $7,990-65.6% | $8,070-66.0% | $4,647-40.9% |
| Admin fee / account holder | $269 | $337-20.3% | $12,998-97.9% | $430-37.5% |