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 | $26,705 |
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 | $66,205 | $56,484+17.2% | $169,463-60.9% | $64,186+3.1% |
| Participation rate | 89.5% | 64.5%+24.9pp | 77.8%+11.7pp | 69.6%+19.9pp |
| Annual return | 10.11% | -1.55%+11.7pp | 1.83%+8.3pp | 7.63%+2.5pp |
| Employer contribution / active EE | $2,808 | $1,832+53.3% | $4,159-32.5% | $2,381+18.0% |
| Participant deferral / active EE | $5,045 | $3,448+46.3% | $5,277-4.4% | $3,470+45.4% |
| Admin fee / account holder | $164 | $4,174-96.1% | $9,109-98.2% | $4,888-96.6% |