Filed June 8, 2009
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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $35,374 |
ORGEL WEALTH MANAGEMENT5+ years Filed as: ORGEL WEALTH MANAGEMENT, LLC Service code 27 · EIN 46-2793932 | Advisory (Plan) | $14,038 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,947 | $58,101-24.4% | $118,925-63.0% | $73,409-40.1% |
| Participation rate | 88.4% | 56.1%+32.3pp | 75.4%+13.0pp | 72.2%+16.2pp |
| Annual return | 9.40% | 20.56%-11.2pp | 35.88%-26.5pp | 59.29%-49.9pp |
| Employer contribution / active EE | $1,773 | $1,445+22.7% | $3,263-45.7% | $2,234-20.6% |
| Participant deferral / active EE | $3,419 | $2,400+42.5% | $4,265-19.8% | $3,805-10.2% |
| Admin fee / account holder | $141 | $138+1.9% | $6,581-97.9% | $158-10.8% |