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 | $23,774 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $53,671 | $49,138+9.2% | $84,015-36.1% | $65,185-17.7% |
| Participation rate | 91.7% | 60.7%+30.9pp | 69.0%+22.7pp | 70.2%+21.5pp |
| Annual return | 5.34% | 23.00%-17.7pp | 71.31%-66.0pp | 29.38%-24.0pp |
| Employer contribution / active EE | $1,859 | $914+103.4% | $1,983-6.3% | $2,177-14.6% |
| Participant deferral / active EE | $2,377 | $2,397-0.9% | $3,239-26.6% | $3,514-32.4% |
| Admin fee / account holder | $179 | $543-67.1% | $6,101-97.1% | $847-78.9% |