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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $39,030 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,606 | $49,451+4.4% | $79,550-35.1% | $66,914-22.9% |
| Participation rate | 80.0% | 61.3%+18.7pp | 69.5%+10.5pp | 69.8%+10.2pp |
| Annual return | -17.12% | 84.25%-101.4pp | 0.16%-17.3pp | 1.58%-18.7pp |
| Employer contribution / active EE | $1,702 | $1,266+34.5% | $2,413-29.5% | $2,544-33.1% |
| Participant deferral / active EE | $2,737 | $3,159-13.4% | $3,985-31.3% | $4,237-35.4% |
| Admin fee / account holder | $238 | $595-60.0% | $6,832-96.5% | $593-59.9% |