See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.6 years Service code 15 · EIN 45-6062081 | Recordkeeping | $29,542 |
SIKICH LLP1 year Service code 10 · EIN 36-3168081 | Accounting | $10,500 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,235 | $84,487-78.4% | $125,339-85.5% | $66,914-72.7% |
| Participation rate | 95.8% | 76.4%+19.4pp | 82.4%+13.4pp | 69.8%+26.0pp |
| Annual return | -15.59% | -8.39%-7.2pp | 572.05%-587.6pp | 1.58%-17.2pp |
| Employer contribution / active EE | $1,659 | $3,553-53.3% | $4,814-65.5% | $2,544-34.8% |
| Participant deferral / active EE | $4,121 | $6,781-39.2% | $7,446-44.7% | $4,237-2.7% |
| Admin fee / account holder | $254 | $685-62.9% | $10,010-97.5% | $593-57.2% |