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 10-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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $38,665 |
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 | $215,415 | $112,686+91.2% | $169,993+26.7% | $80,160+168.7% |
| Participation rate | 99.1% | 87.4%+11.7pp | 87.0%+12.1pp | 72.9%+26.2pp |
| Annual return | 22.26% | 67.04%-44.8pp | 53.37%-31.1pp | 40.38%-18.1pp |
| Employer contribution / active EE | $16,307 | $4,481+263.9% | $6,785+140.3% | $2,978+447.6% |
| Participant deferral / active EE | $20,221 | $7,876+156.7% | $10,408+94.3% | $5,017+303.0% |
| Admin fee / account holder | $21 | $99-78.4% | $12,815-99.8% | $145-85.3% |