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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.11+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-0662081 | Recordkeeping | $28,538 |
CBIZ RETIREMENT PLAN SERVICES10+ years Service code 51 · EIN 31-1582098 | Investment Mgmt Fees | $16,916 |
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| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,132 | $83,369-54.3% | $105,223-63.8% | $67,986-43.9% |
| Participation rate | 80.8% | 56.3%+24.5pp | 75.0%+5.7pp | 57.2%+23.6pp |
| Annual return | 16.46% | 24.64%-8.2pp | 180.65%-164.2pp | 31.67%-15.2pp |
| Employer contribution / active EE | $1,110 | $2,541-56.3% | $3,689-69.9% | $2,019-45.0% |
| Participant deferral / active EE | $2,366 | $3,295-28.2% | $5,072-53.4% | $3,358-29.5% |
| Admin fee / account holder | $191 | $4,073-95.3% | $8,859-97.8% | $3,203-94.0% |