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 4-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+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $26,752 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,863 | $49,451-35.6% | $79,550-59.9% | $66,914-52.4% |
| Participation rate | 90.1% | 61.3%+28.8pp | 69.5%+20.6pp | 69.8%+20.3pp |
| Annual return | 0.00% | 84.25%-84.3pp | 0.16%-0.2pp | 1.58%-1.6pp |
| Employer contribution / active EE | $802 | $1,266-36.6% | $2,413-66.8% | $2,544-68.5% |
| Participant deferral / active EE | $3,247 | $3,159+2.8% | $3,985-18.5% | $4,237-23.4% |
| Admin fee / account holder | $124 | $595-79.1% | $6,832-98.2% | $593-79.0% |