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.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $7,005 |
Employer contribution per participant 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.
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 | $53,604 | $86,655-38.1% | $119,609-55.2% | $66,914-19.9% |
| Participation rate | 96.0% | 75.6%+20.5pp | 79.3%+16.8pp | 69.8%+26.2pp |
| Annual return | -17.93% | -8.00%-9.9pp | -14.97%-3.0pp | 1.58%-19.5pp |
| Employer contribution / active EE | $709 | $2,536-72.0% | $4,232-83.2% | $2,544-72.1% |
| Participant deferral / active EE | $3,254 | $4,358-25.3% | $5,602-41.9% | $4,237-23.2% |
| Admin fee / account holder | $56 | $755-92.6% | $10,323-99.5% | $593-90.6% |