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 9-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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,903 | $51,045+13.4% | $70,515-17.9% | $71,457-19.0% |
| Participation rate | 50.0% | 59.4%-9.4pp | 68.3%-18.3pp | 67.9%-17.9pp |
| Annual return | 18.36% | 42.63%-24.3pp | 32.77%-14.4pp | 28.85%-10.5pp |
| Employer contribution / active EE | $1,594 | $1,790-11.0% | $2,973-46.4% | $2,588-38.4% |
| Participant deferral / active EE | $2,104 | $3,026-30.5% | $4,567-53.9% | $4,289-50.9% |
| Admin fee / account holder | $273 | $1,994-86.3% | $6,412-95.7% | $1,587-82.8% |