Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $13,419 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $120,282 | $54,763+119.6% | $90,324+33.2% | $72,976+64.8% |
| Participation rate | 82.6% | 65.2%+17.5pp | 73.3%+9.3pp | 69.5%+13.1pp |
| Annual return | 23.27% | 30.63%-7.4pp | 78.15%-54.9pp | 81.02%-57.7pp |
| Employer contribution / active EE | $3,395 | $2,093+62.2% | $2,856+18.9% | $2,440+39.2% |
| Participant deferral / active EE | $3,658 | $2,887+26.7% | $3,885-5.9% | $3,608+1.4% |
| Admin fee / account holder | $127 | $3,973-96.8% | $5,356-97.6% | $5,124-97.5% |