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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS REVENUE Service code 15 · EIN 45-6062081 | Recordkeeping | $22,288 |
THE ANGELL PENSION GROUP, INC.4+ years Service code 99 · EIN 04-2530412 | Other Fees | $21,500 |
Filed as: NANAVATY, NANAVATY & DAVENPORT LLP Service code 10 123 SOUTH MAIN STREET · NEWTON, CT 06470 | Accounting | $8,500 |
EDWARD JONES1 year Service code 99 · EIN 43-0345811 | Other Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,045 | $44,473+89.0% | $76,518+9.8% | $55,725+50.8% |
| Participation rate | 61.3% | 51.0%+10.3pp | 68.0%-6.7pp | 70.9%-9.6pp |
| Annual return | -0.17% | -2.01%+1.8pp | -0.27%+0.1pp | 244.93%-245.1pp |
| Employer contribution / active EE | $2,108 | $1,101+91.4% | $2,647-20.4% | $2,078+1.4% |
| Participant deferral / active EE | $5,627 | $1,988+183.1% | $3,836+46.7% | $3,356+67.7% |
| Admin fee / account holder | $206 | $134+53.5% | $4,849-95.8% | $115+78.8% |