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 9-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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $35,591 |
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 | $63,063 | $47,977+31.4% | $154,107-59.1% | $56,287+12.0% |
| Participation rate | 96.0% | 66.2%+29.9pp | 83.0%+13.0pp | 69.9%+26.2pp |
| Annual return | 10.05% | 3.54%+6.5pp | 735.12%-725.1pp | -9.96%+20.0pp |
| Employer contribution / active EE | $3,721 | $2,169+71.6% | $5,298-29.8% | $2,111+76.3% |
| Participant deferral / active EE | $3,333 | $2,392+39.3% | $5,081-34.4% | $3,350-0.5% |
| Admin fee / account holder | $181 | $438-58.8% | $13,411-98.7% | $521-65.3% |