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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $42,124 |
E2 RETIREMENT CONSULTING7 years Service code 26 · EIN 47-2442228 | Advisory (Participants) | $14,605 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,974 | $65,435-12.9% | $86,677-34.3% | $66,914-14.9% |
| Participation rate | 88.8% | 75.5%+13.4pp | 76.6%+12.2pp | 69.8%+19.0pp |
| Annual return | -11.47% | -10.89%-0.6pp | 35.91%-47.4pp | 1.58%-13.0pp |
| Employer contribution / active EE | $682 | $2,153-68.3% | $2,836-76.0% | $2,544-73.2% |
| Participant deferral / active EE | $3,808 | $4,100-7.1% | $4,656-18.2% | $4,237-10.1% |
| Admin fee / account holder | $291 | $642-54.7% | $7,493-96.1% | $593-51.0% |