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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $246,473 |
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 | $171,123 | $37,393+357.6% | $77,024+122.2% | $66,914+155.7% |
| Participation rate | 100.0% | 52.9%+47.1pp | 67.9%+32.1pp | 69.8%+30.2pp |
| Annual return | -17.58% | -3.29%-14.3pp | 42.32%-59.9pp | 1.58%-19.2pp |
| Employer contribution / active EE | $7,662 | $1,531+400.4% | $2,812+172.4% | $2,544+201.1% |
| Participant deferral / active EE | $8,460 | $2,617+223.3% | $4,426+91.1% | $4,237+99.7% |
| Admin fee / account holder | $1,284 | $567+126.5% | $5,425-76.3% | $593+116.4% |