Filed April 30, 2007 (most recent of 4 filings on file)
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.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $192,464 |
ORGEL WEALTH MANAGEMENT1+ years Filed as: ORGEL WEALTH MANAGEMENT, LLC Service code 26 · EIN 46-2793932 | Advisory (Participants) | $114,347 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $43,706 | $54,890-20.4% | $63,517-31.2% | $59,188-26.2% |
| Participation rate | 95.1% | 75.6%+19.5pp | 71.0%+24.0pp | 69.4%+25.6pp |
| Annual return | -0.39% | 4.56%-4.9pp | -70.30%+69.9pp | 5.51%-5.9pp |
| Employer contribution / active EE | $1,059 | $1,831-42.2% | $2,322-54.4% | $2,098-49.5% |
| Participant deferral / active EE | $3,078 | $2,803+9.8% | $2,953+4.2% | $3,265-5.7% |
| Admin fee / account holder | $129 | $66+95.5% | $5,892-97.8% | $92+40.2% |