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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $4,945 |
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 | $130,376 | $60,139+116.8% | $90,461+44.1% | $79,856+63.3% |
| Participation rate | 91.3% | 65.0%+26.3pp | 72.7%+18.6pp | 69.6%+21.6pp |
| Annual return | 17.52% | 71.96%-54.4pp | 1294.76%-1277.2pp | 31.71%-14.2pp |
| Employer contribution / active EE | $3,601 | $2,069+74.0% | $3,264+10.3% | $2,471+45.7% |
| Participant deferral / active EE | $4,578 | $2,939+55.8% | $3,964+15.5% | $3,741+22.4% |
| Admin fee / account holder | $49 | $3,978-98.8% | $5,617-99.1% | $5,306-99.1% |