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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $56,208 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,841 | $119,446-49.9% | $150,045-60.1% | $85,563-30.1% |
| Participation rate | 79.1% | 75.4%+3.7pp | 82.3%-3.2pp | 66.0%+13.1pp |
| Annual return | 15.84% | 23.72%-7.9pp | 62.55%-46.7pp | 31.51%-15.7pp |
| Employer contribution / active EE | $2,968 | $4,078-27.2% | $4,693-36.8% | $2,654+11.9% |
| Participant deferral / active EE | $6,569 | $7,985-17.7% | $7,997-17.9% | $4,375+50.1% |
| Admin fee / account holder | $111 | $548-79.8% | $13,435-99.2% | $834-86.7% |