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 9-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 | $59,703 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,422 | $61,272+11.7% | $149,673-54.3% | $71,457-4.2% |
| Participation rate | 75.2% | 62.5%+12.6pp | 78.8%-3.6pp | 67.9%+7.2pp |
| Annual return | 13.62% | 35.85%-22.2pp | 134.42%-120.8pp | 28.85%-15.2pp |
| Employer contribution / active EE | $3,521 | $2,378+48.0% | $4,818-26.9% | $2,588+36.1% |
| Participant deferral / active EE | $3,027 | $2,917+3.8% | $5,680-46.7% | $4,289-29.4% |
| Admin fee / account holder | $311 | $1,261-75.3% | $13,210-97.6% | $1,587-80.4% |