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 5-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 Filed as: ALERUS FINANCIAL NA Service code 15 · EIN 45-6062081 | Recordkeeping | $22,287 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Plan reported a final filing / termination within the last year.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $839 | $62,127-98.6% | $81,382-99.0% | $74,495-98.9% |
| Participation rate | 90.5% | 64.0%+26.5pp | 69.5%+21.0pp | 67.2%+23.3pp |
| Annual return | -108.96% | 16.48%-125.4pp | 24.73%-133.7pp | 1364.94%-1473.9pp |
| Employer contribution / active EE | $2,270 | $1,882+20.6% | $2,463-7.8% | $2,623-13.5% |
| Participant deferral / active EE | $4,515 | $3,229+39.8% | $3,883+16.3% | $4,346+3.9% |
| Admin fee / account holder | $150 | $1,934-92.3% | $5,768-97.4% | $1,942-92.3% |