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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $10,708 |
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 | $34,495 | $46,072-25.1% | $70,014-50.7% | $55,167-37.5% |
| Participation rate | 92.6% | 67.5%+25.2pp | 71.8%+20.8pp | 69.0%+23.6pp |
| Annual return | 16.02% | 8.68%+7.3pp | 12.99%+3.0pp | 169.23%-153.2pp |
| Employer contribution / active EE | $1,493 | $1,500-0.5% | $2,338-36.2% | $1,963-23.9% |
| Participant deferral / active EE | $3,301 | $2,344+40.8% | $2,931+12.6% | $3,054+8.1% |
| Admin fee / account holder | $51 | $428-88.0% | $4,380-98.8% | $504-89.8% |