Filed April 1, 2006 (most recent of 2 filings on file)
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.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.4+ years Filed as: STRATEGIC INVESTMENT ADVISORS Service code 27 · EIN 32-0153389 | Advisory (Plan) | $30,347 |
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS FINANCIAL Service code 64 · EIN 42-6062081 | Recordkeeping Fees | $23,139 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,145 | $45,825+120.7% | $90,645+11.6% | $56,287+79.7% |
| Participation rate | 100.0% | 66.7%+33.3pp | 74.0%+26.0pp | 69.9%+30.1pp |
| Annual return | -6.77% | 38.64%-45.4pp | 1.88%-8.7pp | -9.96%+3.2pp |
| Employer contribution / active EE | $2,999 | $1,372+118.6% | $2,532+18.4% | $2,111+42.1% |
| Participant deferral / active EE | $3,429 | $2,562+33.8% | $3,425+0.1% | $3,350+2.4% |
| Admin fee / account holder | $305 | $413-26.2% | $4,994-93.9% | $521-41.5% |