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| Provider | Service type | Compensation |
|---|---|---|
ICAPITAL, LLC8 years Service code 26 · EIN 76-0708798 | Advisory (Participants) | $109,869 |
ALERUS FINANCIAL, N.A.8 years Service code 15 · EIN 45-6062081 | Recordkeeping | $18,152 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $377,186 | $101,653+271.1% | $147,080+156.4% | $74,459+406.6% |
| Participation rate | 100.0% | 75.6%+24.4pp | 82.2%+17.8pp | 67.2%+32.8pp |
| Annual return | 13.82% | 8754.98%-8741.2pp | 420.17%-406.3pp | 1369.70%-1355.9pp |
| Employer contribution / active EE | $16,411 | $3,813+330.4% | $4,933+232.7% | $2,626+525.0% |
| Participant deferral / active EE | $15,188 | $7,304+107.9% | $8,066+88.3% | $4,350+249.2% |
| Admin fee / account holder | $707 | $1,752-59.6% | $12,989-94.6% | $1,945-63.6% |