Filed August 29, 2016 (most recent of 2 filings on file)
Total covered: 30 employees
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $455 |
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 | $137,659 | $80,753+70.5% | $136,294+1.0% | $62,292+121.0% |
| Participation rate | 94.3% | 73.5%+20.8pp | 81.9%+12.4pp | 69.5%+24.8pp |
| Annual return | 18.50% | 35.83%-17.3pp | 5155.94%-5137.4pp | 28.90%-10.4pp |
| Employer contribution / active EE | $1,499 | $2,884-48.0% | $4,695-68.1% | $2,042-26.6% |
| Participant deferral / active EE | $6,969 | $5,164+34.9% | $6,247+11.5% | $3,169+119.9% |
| Admin fee / account holder | $3 | $525-99.4% | $9,243-100.0% | $479-99.3% |