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 10-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 Filed as: ALERUS RETIREMENT SOLUTIONS Service code 19 TWO PINE TREE DRIVE · ARDEN HILLS, MN 55112 | Securities Custodian | $3,572 |
Service code 13 · EIN 41-0417830 | Contract Administrator | $3,290 |
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 | $51,594 | $28,109+83.6% | $71,086-27.4% | $56,287-8.3% |
| Participation rate | 73.1% | 40.4%+32.7pp | 54.7%+18.5pp | 69.9%+3.3pp |
| Annual return | 7.96% | -615.05%+623.0pp | 650.59%-642.6pp | -9.96%+17.9pp |
| Employer contribution / active EE | $0 | $558-100.0% | $1,088-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $2,788 | $1,116+149.9% | $1,874+48.7% | $3,350-16.8% |
| Admin fee / account holder | $108 | $585-81.6% | $3,082-96.5% | $521-79.3% |