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.5 years Service code 15 · EIN 45-6062081 | Recordkeeping | $7,815 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.
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 | $61,209 | $82,978-26.2% | $129,995-52.9% | $71,457-14.3% |
| Participation rate | 84.9% | 74.1%+10.8pp | 78.5%+6.4pp | 67.9%+17.0pp |
| Annual return | 13.16% | 20.60%-7.4pp | -137.18%+150.3pp | 28.85%-15.7pp |
| Employer contribution / active EE | $758 | $2,622-71.1% | $4,320-82.5% | $2,588-70.7% |
| Participant deferral / active EE | $3,272 | $4,432-26.2% | $5,820-43.8% | $4,289-23.7% |
| Admin fee / account holder | $68 | $1,729-96.1% | $10,614-99.4% | $1,587-95.7% |