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 10-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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $7,930 | $60,165-86.8% | $74,183-89.3% | $55,167-85.6% |
| Participation rate | 92.9% | 74.2%+18.8pp | 76.6%+16.3pp | 69.0%+23.9pp |
| Annual return | 7.11% | 10.00%-2.9pp | 17.74%-10.6pp | 169.23%-162.1pp |
| Employer contribution / active EE | $3,403 | $1,600+112.8% | $2,370+43.6% | $1,963+73.4% |
| Participant deferral / active EE | $1,004 | $2,973-66.2% | $3,550-71.7% | $3,054-67.1% |
| Admin fee / account holder | $26 | $419-93.8% | $5,586-99.5% | $504-94.8% |