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.1 year Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-6062081 | Recordkeeping | $32,392 |
Filed as: ALDRICH WEALTH ADVISORS Service code 26 · EIN 93-1244319 | Advisory (Participants) | $20,095 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,765 | $81,474+21.2% | $133,956-26.3% | $73,488+34.4% |
| Participation rate | 100.0% | 76.4%+23.6pp | 79.8%+20.2pp | 70.7%+29.3pp |
| Annual return | 21.23% | 19.40%+1.8pp | 45.09%-23.9pp | 28.51%-7.3pp |
| Employer contribution / active EE | $4,207 | $2,209+90.4% | $3,919+7.4% | $2,270+85.3% |
| Participant deferral / active EE | $4,587 | $3,786+21.1% | $5,048-9.1% | $3,740+22.7% |
| Admin fee / account holder | $380 | $713-46.7% | $8,927-95.7% | $513-25.9% |