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.8+ years Filed as: ALERUS FINANCIAL N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $85,179 |
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 | $10,736 | $46,292-76.8% | $143,757-92.5% | $64,808-83.4% |
| Participation rate | 86.5% | 64.2%+22.3pp | 80.3%+6.2pp | 71.5%+15.1pp |
| Annual return | -5.25% | -10.05%+4.8pp | -0.04%-5.2pp | 32.82%-38.1pp |
| Employer contribution / active EE | $1,926 | $1,910+0.9% | $4,951-61.1% | $2,506-23.1% |
| Participant deferral / active EE | $0 | $2,646-100.0% | $5,637-100.0% | $4,310-100.0% |
| Admin fee / account holder | $69 | $154-55.4% | $14,673-99.5% | $188-63.5% |