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 |
|---|---|---|
LPL FINANCIAL2+ years Service code 27 · EIN 95-2834236 | Advisory (Plan) | $3,879 |
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $420 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $30,880 | $57,976-46.7% | $63,018-51.0% | $62,293-50.4% |
| Participation rate | 30.2% | 75.9%-45.7pp | 74.8%-44.6pp | 69.5%-39.3pp |
| Annual return | 15.90% | 17.54%-1.6pp | 87.62%-71.7pp | 28.90%-13.0pp |
| Employer contribution / active EE | $0 | $2,415-100.0% | $2,761-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $840 | $2,956-71.6% | $3,330-74.8% | $3,169-73.5% |
| Admin fee / account holder | $105 | $276-62.0% | $3,601-97.1% | $479-78.1% |