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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $9,120 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,686 | $93,182-17.7% | $146,665-47.7% | $79,386-3.4% |
| Participation rate | 78.1% | 76.4%+1.6pp | 80.1%-2.0pp | 70.7%+7.4pp |
| Annual return | 16.65% | 21.61%-5.0pp | 22.74%-6.1pp | 116.85%-100.2pp |
| Employer contribution / active EE | $2,391 | $2,420-1.2% | $4,136-42.2% | $2,427-1.5% |
| Participant deferral / active EE | $2,780 | $4,169-33.3% | $5,506-49.5% | $4,046-31.3% |
| Admin fee / account holder | $80 | $585-86.3% | $10,280-99.2% | $626-87.2% |