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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 TWO PINE TREE DRIVE, SUITE 400 · ARDEN HILLS, MN 55112 | Recordkeeping | $37,907 |
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 | $47,681 | $46,360+2.8% | $147,617-67.7% | $52,331-8.9% |
| Participation rate | 100.0% | 64.9%+35.1pp | 84.6%+15.4pp | 68.1%+31.9pp |
| Annual return | -0.58% | 1.62%-2.2pp | 61.98%-62.6pp | 4.54%-5.1pp |
| Employer contribution / active EE | $3,130 | $2,126+47.2% | $5,564-43.8% | $1,882+66.3% |
| Participant deferral / active EE | $3,524 | $2,258+56.1% | $4,895-28.0% | $3,022+16.6% |
| Admin fee / account holder | $217 | $766-71.7% | $11,612-98.1% | $592-63.4% |