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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $51,032 |
EVERHART ADVISORS6+ years Filed as: EVERHART FINANCIAL GROUP, INC. Service code 27 5890 VENTURE DRIVE D · DUBLIN, OH 43017 | Advisory (Plan) | $9,065 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,093 | $73,638-46.9% | $95,964-59.3% | $73,497-46.8% |
| Participation rate | 83.6% | 76.2%+7.4pp | 77.1%+6.5pp | 70.7%+12.9pp |
| Annual return | 13.65% | 16.78%-3.1pp | 91.64%-78.0pp | 28.51%-14.9pp |
| Employer contribution / active EE | $3,600 | $1,863+93.2% | $2,541+41.7% | $2,270+58.6% |
| Participant deferral / active EE | $3,426 | $3,617-5.3% | $4,167-17.8% | $3,740-8.4% |
| Admin fee / account holder | $134 | $482-72.1% | $6,797-98.0% | $513-73.8% |