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 10-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.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $10,507 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,251 | $81,474-18.7% | $133,956-50.5% | $73,488-9.8% |
| Participation rate | 78.9% | 76.4%+2.5pp | 79.8%-1.0pp | 70.7%+8.2pp |
| Annual return | 11.60% | 19.40%-7.8pp | 45.09%-33.5pp | 28.51%-16.9pp |
| Employer contribution / active EE | $2,640 | $2,209+19.5% | $3,919-32.6% | $2,270+16.3% |
| Participant deferral / active EE | $2,331 | $3,786-38.4% | $5,048-53.8% | $3,740-37.7% |
| Admin fee / account holder | $94 | $713-86.8% | $8,927-98.9% | $513-81.7% |