Filed August 29, 2016 (most recent of 2 filings on file)
Total covered: 30 employees
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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $604 |
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 | $121,240 | $75,183+61.3% | $123,892-2.1% | $55,167+119.8% |
| Participation rate | 96.4% | 72.8%+23.5pp | 81.4%+15.0pp | 69.0%+27.4pp |
| Annual return | 9.39% | 19.01%-9.6pp | 47.52%-38.1pp | 169.23%-159.8pp |
| Employer contribution / active EE | $1,583 | $2,823-43.9% | $4,617-65.7% | $1,963-19.3% |
| Participant deferral / active EE | $7,471 | $5,084+46.9% | $5,984+24.8% | $3,054+144.6% |
| Admin fee / account holder | $4 | $663-99.3% | $8,357-99.9% | $504-99.1% |