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.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $76,840 |
AMERICAN FUNDS1+ years Filed as: CRESCENT CAPITAL CONSULTING, LLC Service code 26 · EIN 27-3210861 | Advisory (Participants) | $48,860 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $19,710 | $57,096-65.5% | $94,229-79.1% | $55,191-64.3% |
| Participation rate | 93.8% | 75.7%+18.1pp | 78.8%+15.0pp | 69.2%+24.6pp |
| Annual return | -3.09% | 159.65%-162.7pp | 10.68%-13.8pp | 10.78%-13.9pp |
| Employer contribution / active EE | $784 | $1,708-54.1% | $3,587-78.1% | $1,899-58.7% |
| Participant deferral / active EE | $2,702 | $3,165-14.6% | $4,320-37.5% | $3,046-11.3% |
| Admin fee / account holder | $109 | $89+22.0% | $6,269-98.3% | $91+19.9% |