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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $14,921 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $39,869 | $50,385-20.9% | $75,670-47.3% | $62,292-36.0% |
| Participation rate | 92.5% | 67.7%+24.8pp | 72.3%+20.1pp | 69.5%+23.0pp |
| Annual return | 17.98% | 19.90%-1.9pp | 27.34%-9.4pp | 28.90%-10.9pp |
| Employer contribution / active EE | $1,771 | $1,537+15.2% | $2,352-24.7% | $2,042-13.3% |
| Participant deferral / active EE | $3,794 | $2,445+55.1% | $3,142+20.7% | $3,169+19.7% |
| Admin fee / account holder | $65 | $384-83.1% | $5,800-98.9% | $479-86.4% |