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 3-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.3+ years Filed as: ALERUS FINANCIAL, NA Service code 15 · EIN 45-6062081 | Recordkeeping | $110,956 |
GREERWALKER LLP3+ years Service code 10 · EIN 56-1434747 | Accounting | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,606 | $98,727-58.9% | $113,168-64.1% | $85,563-52.5% |
| Participation rate | 82.9% | 80.8%+2.1pp | 76.6%+6.4pp | 66.0%+17.0pp |
| Annual return | 13.78% | 17.43%-3.6pp | 24.27%-10.5pp | 31.51%-17.7pp |
| Employer contribution / active EE | $1,969 | $2,907-32.3% | $2,975-33.8% | $2,654-25.8% |
| Participant deferral / active EE | $5,128 | $5,424-5.5% | $5,107+0.4% | $4,375+17.2% |
| Admin fee / account holder | $240 | $357-32.7% | $12,068-98.0% | $834-71.2% |