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.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $15,602 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $12,579 | $47,126-73.3% | $149,673-91.6% | $74,419-83.1% |
| Participation rate | 75.2% | 63.4%+11.8pp | 78.8%-3.5pp | 70.7%+4.5pp |
| Annual return | 6.64% | 22.75%-16.1pp | 134.42%-127.8pp | 34.38%-27.7pp |
| Employer contribution / active EE | $2,130 | $1,905+11.8% | $4,818-55.8% | $2,637-19.3% |
| Participant deferral / active EE | $0 | $2,728-100.0% | $5,680-100.0% | $4,528-100.0% |
| Admin fee / account holder | $13 | $343-96.1% | $13,210-99.9% | $348-96.2% |