Filed July 5, 2013
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.
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 |
|---|---|---|
AKT LLP1+ years Filed as: AKT WEALTH ADVISORS Service code 26 · EIN 93-1244319 | Advisory (Participants) | $16,435 |
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: AKT RETIREMENT PLAN SERVICES Service code 49 · EIN 93-1307583 | Other Services | $12,160 |
SAALFELD GRIGGS PC1+ years Filed as: SAALFELD GRIGGS Service code 49 · EIN 93-0877291 | Other Services | $7,122 |
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,235 | $22,714-54.9% | $59,496-82.8% | $55,191-81.5% |
| Participation rate | 13.0% | 37.5%-24.5pp | 54.6%-41.6pp | 69.2%-56.2pp |
| Annual return | -2.58% | -44.01%+41.4pp | 182.05%-184.6pp | 10.78%-13.4pp |
| Employer contribution / active EE | $92 | $418-78.0% | $1,153-92.0% | $1,899-95.2% |
| Participant deferral / active EE | $368 | $843-56.3% | $1,829-79.9% | $3,046-87.9% |
| Admin fee / account holder | $295 | $83+253.6% | $2,232-86.8% | $91+224.6% |