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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 TWO PINE TREE DRIVE, SUITE 400 · ARDEN HILLS, MN 55112 | Recordkeeping | $46,669 |
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 | $61,251 | $55,453+10.5% | $170,435-64.1% | $62,293-1.7% |
| Participation rate | 96.7% | 66.4%+30.4pp | 83.6%+13.1pp | 69.5%+27.2pp |
| Annual return | 17.27% | 21.38%-4.1pp | 205.94%-188.7pp | 28.90%-11.6pp |
| Employer contribution / active EE | $3,086 | $2,164+42.6% | $5,432-43.2% | $2,042+51.1% |
| Participant deferral / active EE | $3,024 | $2,303+31.3% | $4,939-38.8% | $3,169-4.6% |
| Admin fee / account holder | $254 | $455-44.2% | $13,881-98.2% | $479-47.1% |