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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $57,449 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $290,438 | $160,882+80.5% | $200,582+44.8% | $102,872+182.3% |
| Participation rate | 97.2% | 91.2%+6.1pp | 86.9%+10.4pp | 73.0%+24.2pp |
| Annual return | 19.36% | 18.15%+1.2pp | 42.33%-23.0pp | 19.06%+0.3pp |
| Employer contribution / active EE | $17,933 | $5,602+220.1% | $6,419+179.4% | $3,526+408.5% |
| Participant deferral / active EE | $21,251 | $9,300+128.5% | $9,331+127.7% | $5,535+284.0% |
| Admin fee / account holder | $24 | $125-80.5% | $16,305-99.9% | $292-91.7% |