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 8-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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $25,316 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 82-3967259 | Securities Custodian | $11,875 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $226,801 | $99,957+126.9% | $149,696+51.5% | $73,488+208.6% |
| Participation rate | 87.0% | 75.7%+11.3pp | 82.5%+4.6pp | 70.7%+16.4pp |
| Annual return | 6.92% | 53.87%-47.0pp | 276.60%-269.7pp | 28.51%-21.6pp |
| Employer contribution / active EE | $5,214 | $3,191+63.4% | $4,644+12.3% | $2,270+129.7% |
| Participant deferral / active EE | $9,125 | $6,073+50.3% | $6,842+33.4% | $3,740+144.0% |
| Admin fee / account holder | $109 | $551-80.3% | $9,309-98.8% | $513-78.8% |