Filed December 16, 1998
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 |
|---|---|---|
ALERUS FINANCIAL, N.A.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $101,584 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $207,123 | $79,694+159.9% | $96,139+115.4% | $79,386+160.9% |
| Participation rate | 100.0% | 54.0%+46.0pp | 68.4%+31.6pp | 70.7%+29.3pp |
| Annual return | 14.57% | 40.84%-26.3pp | 191.94%-177.4pp | 116.85%-102.3pp |
| Employer contribution / active EE | $6,769 | $1,443+369.0% | $2,797+142.0% | $2,427+178.9% |
| Participant deferral / active EE | $8,120 | $2,539+219.9% | $4,349+86.7% | $4,046+100.7% |
| Admin fee / account holder | $728 | $630+15.5% | $5,537-86.9% | $626+16.2% |