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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 TWO PINE TREE DRIVE, SUITE 400 · ARDEN HILLS, MN 55112 | Recordkeeping | $38,770 |
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 | $50,206 | $46,732+7.4% | $156,551-67.9% | $55,167-9.0% |
| Participation rate | 100.0% | 65.8%+34.2pp | 84.0%+16.0pp | 69.0%+31.0pp |
| Annual return | 7.44% | 17.72%-10.3pp | 32.23%-24.8pp | 169.23%-161.8pp |
| Employer contribution / active EE | $3,103 | $2,105+47.4% | $5,501-43.6% | $1,963+58.1% |
| Participant deferral / active EE | $3,562 | $2,204+61.6% | $4,871-26.9% | $3,054+16.6% |
| Admin fee / account holder | $212 | $418-49.3% | $13,028-98.4% | $504-57.9% |