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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $5,259 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $119,594 | $73,102+63.6% | $123,544-3.2% | $56,287+112.5% |
| Participation rate | 95.6% | 74.3%+21.2pp | 82.3%+13.3pp | 69.9%+25.7pp |
| Annual return | -7.27% | 3.01%-10.3pp | 119.20%-126.5pp | -9.96%+2.7pp |
| Employer contribution / active EE | $3,664 | $2,977+23.1% | $4,628-20.8% | $2,111+73.6% |
| Participant deferral / active EE | $8,123 | $5,423+49.8% | $6,426+26.4% | $3,350+142.5% |
| Admin fee / account holder | $34 | $554-93.8% | $9,284-99.6% | $521-93.4% |