Filed August 29, 2016 (most recent of 2 filings on file)
Total covered: 30 employees
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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $1,403 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,361 | $84,487+30.6% | $125,339-11.9% | $66,914+64.9% |
| Participation rate | 90.8% | 76.4%+14.4pp | 82.4%+8.5pp | 69.8%+21.0pp |
| Annual return | -14.90% | -8.39%-6.5pp | 572.05%-586.9pp | 1.58%-16.5pp |
| Employer contribution / active EE | $3,208 | $3,553-9.7% | $4,814-33.3% | $2,544+26.1% |
| Participant deferral / active EE | $9,750 | $6,781+43.8% | $7,446+30.9% | $4,237+130.1% |
| Admin fee / account holder | $8 | $685-98.9% | $10,010-99.9% | $593-98.7% |