Filed February 6, 1998
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.6+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $50,875 |
E2 RETIREMENT CONSULTING5 years Service code 26 · EIN 47-2442228 | Advisory (Participants) | $13,455 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $64,287 | $73,638-12.7% | $95,952-33.0% | $73,488-12.5% |
| Participation rate | 96.6% | 76.2%+20.4pp | 77.1%+19.5pp | 70.7%+25.9pp |
| Annual return | 11.00% | 16.78%-5.8pp | 91.61%-80.6pp | 28.51%-17.5pp |
| Employer contribution / active EE | $780 | $1,863-58.1% | $2,541-69.3% | $2,270-65.6% |
| Participant deferral / active EE | $4,490 | $3,617+24.1% | $4,167+7.8% | $3,740+20.1% |
| Admin fee / account holder | $312 | $482-35.3% | $6,795-95.4% | $513-39.2% |