Filed August 16, 2018 (most recent of 2 filings on file)
Total covered: 59 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $166,717 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $78,195 |
COMMONWEALTH FINANCIAL NETWORK10+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $30,470 |
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING, LLC Service code 26 · EIN 84-4519624 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,589 | $50,820+113.7% | $155,567-30.2% | $77,671+39.8% |
| Participation rate | 87.5% | 63.1%+24.4pp | 78.2%+9.3pp | 70.6%+16.9pp |
| Annual return | 15.16% | 34.85%-19.7pp | 64.74%-49.6pp | 31.21%-16.1pp |
| Employer contribution / active EE | $3,520 | $1,993+76.7% | $4,674-24.7% | $2,726+29.1% |
| Participant deferral / active EE | $4,407 | $2,823+56.1% | $5,628-21.7% | $4,648-5.2% |
| Admin fee / account holder | $358 | $436-17.9% | $15,916-97.8% | $430-16.8% |