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 9-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.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $11,594 |
SELECT MONEY MANAGEMENT, INC.1+ years Service code 27 · EIN 27-1789323 | Advisory (Plan) | $8,933 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,650 | $41,854-79.3% | $73,843-88.3% | $52,331-83.5% |
| Participation rate | 74.4% | 66.2%+8.2pp | 73.4%+1.0pp | 68.1%+6.3pp |
| Annual return | 1.20% | 2.11%-0.9pp | 2267.84%-2266.6pp | 4.54%-3.3pp |
| Employer contribution / active EE | $0 | $1,920-100.0% | $2,787-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $1,130 | $2,498-54.8% | $3,583-68.5% | $3,022-62.6% |
| Admin fee / account holder | $170 | $493-65.6% | $4,880-96.5% | $592-71.3% |