Filed February 8, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $68,643 |
ALERUS FINANCIAL, N.A.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $19,344 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $160,183 | $73,638+117.5% | $95,952+66.9% | $73,488+118.0% |
| Participation rate | 83.5% | 76.2%+7.4pp | 77.1%+6.4pp | 70.7%+12.8pp |
| Annual return | 15.75% | 16.78%-1.0pp | 91.61%-75.9pp | 28.51%-12.8pp |
| Employer contribution / active EE | $2,632 | $1,863+41.3% | $2,541+3.6% | $2,270+16.0% |
| Participant deferral / active EE | $4,913 | $3,617+35.8% | $4,167+17.9% | $3,740+31.4% |
| Admin fee / account holder | $431 | $482-10.5% | $6,795-93.7% | $513-15.9% |