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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.6+ years Filed as: ALERUS REVENUE Service code 15 · EIN 45-6062081 | Recordkeeping | $138,515 |
Service code 10 123 SOUTH MAIN STREET · NEWTOWN, CT 06470 | Accounting | $18,300 |
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 | $106,087 | $39,948+165.6% | $89,435+18.6% | $73,412+44.5% |
| Participation rate | 75.7% | 50.4%+25.3pp | 68.0%+7.7pp | 72.2%+3.5pp |
| Annual return | 15.71% | 50.12%-34.4pp | 245.55%-229.8pp | 59.30%-43.6pp |
| Employer contribution / active EE | $2,330 | $1,200+94.2% | $2,587-9.9% | $2,234+4.3% |
| Participant deferral / active EE | $6,634 | $2,193+202.6% | $3,890+70.5% | $3,806+74.3% |
| Admin fee / account holder | $86 | $134-35.9% | $4,884-98.2% | $158-45.5% |