Filings through .
3 of 17 flags tripped on the 2025 filing.
Low participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
High fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Low returns
Annual investment return is in the bottom quintile of the peer cohort.
This section compares the plan with plans of the same size, type and industry, and shows how it moved year over year.
We rank each metric against plans of the same size, type and industry.
Peer percentiles for 6 metrics are on Pro. Pro is free for 7 days and then costs $49 a month.
Showing the 2025 filing, 1 of 5 years on record. Charts need 3 years.
Older filings: assets, participants, contributions and return for each year are on Pro.
4 more years of history are on Pro. Pro is free for 7 days and then costs $49 a month.
$48K in admin expenses, $378 per participant (all participants, line 6f).
This section lists the funds on the plan's investment schedule and what changed since the prior filing.
12 funds of $250K or more; 16 lines in all, holding $9.7M of the plan's $10.0M. Recordkeeper: Alerus Financial.
Target-date series: Vanguard Target Retirement, mutual fund, 56% of fund dollars
| Fund | Dollars | % of funds% |
|---|---|---|
| Vanguard Target Retirement Vanguard · Mutual fund Target-date, 11 vintages | $5.4M | 56.3% |
| Fidelity 500 Index Fund Fidelity (FMR) · Mutual fund Index | $979K | 10.1% |
| Fidelity Advisor Equity Growth Fund Fidelity (FMR) · Mutual fund | $697K | 7.2% |
| Maturity Date, Rate of Interest, Collateral, Par Collective Trusts Wells Fargo Bank, N.A. W Allspring · Collective trust | $522K | 5.4% |
| Vanguard Mid-Cap Index Fund Investor Shares Vanguard · Mutual fund Index | $463K | 4.8% |
| Vanguard Wellington Fund Investor Shares Vanguard · Mutual fund | $349K | 3.6% |
| MFS Mefs Mid Cap Value MFS (Sun Life) · Mutual fund | $238K | 2.5% |
| Vanguard Small-Cap Index Fund Investor Shares Vanguard · Mutual fund Index | $228K | 2.4% |
| Vanguard Total Bond Market Index Fund Investor Shares Vanguard · Mutual fund Index | $181K | 1.9% |
| Vanguard Equity Income Fund Investor Shares Vanguard · Mutual fund | $159K | 1.6% |
| Fund | Manager | Vehicle | Dollars | % of funds |
|---|---|---|---|---|
| Name available on Pro | Dollar amount available on Pro | Percentage available on Pro | ||
| Name available on Pro | Dollar amount available on Pro | Percentage available on Pro | ||
| Name available on Pro | Dollar amount available on Pro | Percentage available on Pro |
6 more funds in this lineup: name, manager, vehicle, dollars and share are on Pro.
Added 1 fund.
| Fund | Year-end value |
|---|---|
| AddedMaturity Date, Rate of Interest, Collateral, Par Collective Trusts Wells Fargo Bank, N.A. W | $522K |
Stable value and insurance contract lines, renames and class changes are not counted. Left out here: 1 stable value or insurance line.
Changes of at least $250K and 0.1% of the plan between the 2024 and 2025 filings. Values are year-end holdings. They do not show money moved.
6 more lines in this lineup are on Pro. Pro is free for 7 days and then costs $49 a month.
Covers 71,410 large plans that list their funds in their annual filing. Updated Nov 6, 2026. Shares describe these plans, not the whole market.
This section shows who is paid to serve the plan, who audits it and who signs the filing.
Top 1 by compensation.
| Provider | Compensation |
|---|---|
ALERUS FINANCIAL, N.A.5+ years Service code 15 · EIN 45-6062081 Recordkeeping | $48,440 |
The auditor signed off without reservation. This is the cleanest opinion.
Plan features from the filing, actuarial disclosures and related pages.
7 feature codes on the 2025 filing.
2 contacts
5 filings · 2021 to 2025