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 | $26,777 |
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 | $53,963 | $54,573-1.1% | $90,951-40.7% | $73,488-26.6% |
| Participation rate | 90.5% | 61.2%+29.3pp | 69.0%+21.5pp | 70.7%+19.8pp |
| Annual return | -7.07% | 16.69%-23.8pp | 134.60%-141.7pp | 28.51%-35.6pp |
| Employer contribution / active EE | $1,862 | $991+87.8% | $2,122-12.2% | $2,270-18.0% |
| Participant deferral / active EE | $2,619 | $2,517+4.0% | $3,373-22.4% | $3,740-30.0% |
| Admin fee / account holder | $214 | $521-58.9% | $5,959-96.4% | $513-58.2% |