Filed April 3, 2011 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS FINANCIAL N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $68,836 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,867 | $45,382-82.7% | $154,107-94.9% | $75,289-89.6% |
| Participation rate | 72.7% | 65.9%+6.8pp | 83.0%-10.3pp | 72.4%+0.3pp |
| Annual return | 2.69% | -0.47%+3.2pp | 735.12%-732.4pp | -0.04%+2.7pp |
| Employer contribution / active EE | $1,602 | $1,533+4.5% | $5,298-69.8% | $2,405-33.4% |
| Participant deferral / active EE | $0 | $2,384-100.0% | $5,081-100.0% | $3,739-100.0% |
| Admin fee / account holder | $46 | $89-48.6% | $13,411-99.7% | $102-55.1% |