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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $64,890 |
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 | $76,390 | $55,415+37.8% | $155,509-50.9% | $74,495+2.5% |
| Participation rate | 79.0% | 61.9%+17.1pp | 78.2%+0.8pp | 67.2%+11.8pp |
| Annual return | 17.11% | 268.50%-251.4pp | 64.67%-47.6pp | 1364.94%-1347.8pp |
| Employer contribution / active EE | $3,823 | $2,267+68.6% | $4,672-18.2% | $2,623+45.7% |
| Participant deferral / active EE | $3,264 | $2,836+15.1% | $5,626-42.0% | $4,346-24.9% |
| Admin fee / account holder | $347 | $1,738-80.0% | $15,912-97.8% | $1,942-82.1% |