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.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $47,505 |
E2 RETIREMENT CONSULTING6 years Service code 26 · EIN 47-2442228 | Advisory (Participants) | $15,002 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $72,322 | $84,936-14.9% | $111,297-35.0% | $79,386-8.9% |
| Participation rate | 92.8% | 75.9%+16.9pp | 77.3%+15.5pp | 70.7%+22.1pp |
| Annual return | 9.58% | 17.45%-7.9pp | 54.65%-45.1pp | 116.85%-107.3pp |
| Employer contribution / active EE | $600 | $1,979-69.7% | $2,731-78.0% | $2,427-75.3% |
| Participant deferral / active EE | $3,475 | $3,888-10.6% | $4,487-22.6% | $4,046-14.1% |
| Admin fee / account holder | $340 | $537-36.8% | $7,964-95.7% | $626-45.8% |