Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.8+ years Filed as: ALERUS FINANCIAL, N.A Service code 15 · EIN 45-6062081 401 DEMERS AVENUE · GRAND FORKS, ND 58201 | Recordkeeping | $14,590 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,211 | $84,499-63.1% | $125,391-75.1% | $66,949-53.4% |
| Participation rate | 87.8% | 76.4%+11.4pp | 82.4%+5.4pp | 69.8%+18.0pp |
| Annual return | -21.20% | -8.49%-12.7pp | 572.41%-593.6pp | 1.57%-22.8pp |
| Employer contribution / active EE | $2,691 | $3,554-24.3% | $4,816-44.1% | $2,545+5.7% |
| Participant deferral / active EE | $3,390 | $6,785-50.0% | $7,448-54.5% | $4,239-20.0% |
| Admin fee / account holder | $46 | $685-93.3% | $10,009-99.5% | $594-92.3% |