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 6-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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $41,571 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $73,843 | $69,362+6.5% | $101,248-27.1% | $73,488+0.5% |
| Participation rate | 71.1% | 68.4%+2.7pp | 75.8%-4.7pp | 70.7%+0.4pp |
| Annual return | 8.86% | 18.46%-9.6pp | 46.47%-37.6pp | 28.51%-19.7pp |
| Employer contribution / active EE | $1,870 | $2,628-28.9% | $3,660-48.9% | $2,270-17.6% |
| Participant deferral / active EE | $4,415 | $3,300+33.8% | $4,370+1.0% | $3,740+18.1% |
| Admin fee / account holder | $365 | $704-48.2% | $5,945-93.9% | $513-28.9% |