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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.10+ years Filed as: ALERUS REVENUE Service code 15 · EIN 45-6062081 | Recordkeeping | $151,702 |
Service code 10 123 SOUTH MAIN STREET · NEWTOWN, CT 06470 | Accounting | $11,500 |
THE ANGELL PENSION GROUP, INC.10+ years Service code 99 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914 | Other Fees | $8,100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $103,004 | $45,022+128.8% | $85,126+21.0% | $77,714+32.5% |
| Participation rate | 56.0% | 48.7%+7.3pp | 67.5%-11.5pp | 70.6%-14.6pp |
| Annual return | 16.94% | 79.38%-62.4pp | 66.63%-49.7pp | 31.26%-14.3pp |
| Employer contribution / active EE | $2,767 | $1,610+71.9% | $2,731+1.3% | $2,727+1.5% |
| Participant deferral / active EE | $6,295 | $2,811+124.0% | $4,523+39.2% | $4,649+35.4% |
| Admin fee / account holder | $62 | $913-93.2% | $6,160-99.0% | $433-85.6% |