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.9 years Service code 15 · EIN 45-6062081 | Recordkeeping | $152,372 |
SAGE ADVISORY SERVICES10+ years Filed as: SAGE CAPITAL ADVISORS LLC Service code 26 · EIN 86-1144017 | Advisory (Participants) | $132,648 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $81,183 | $199,593-59.3% | $76,190+6.6% | $199,593-59.3% |
| Participation rate | 54.9% | 72.0%-17.1pp | 79.3%-24.4pp | 72.0%-17.1pp |
| Annual return | 13.98% | 34.25%-20.3pp | 13.78%+0.2pp | 34.25%-20.3pp |
| Employer contribution / active EE | $1,144 | $3,034-62.3% | $4,578-75.0% | $3,034-62.3% |
| Participant deferral / active EE | $3,304 | $5,087-35.0% | $5,474-39.6% | $5,087-35.0% |
| Admin fee / account holder | $318 | $269+18.5% | $5,123-93.8% | $269+18.5% |