Filed August 16, 2018 (most recent of 2 filings on file)
Total covered: 59 employees
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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $145,697 |
COMMONWEALTH FINANCIAL NETWORK7+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $48,437 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,879 | $56,540+67.8% | $185,849-48.9% | $86,821+9.3% |
| Participation rate | 81.3% | 65.5%+15.7pp | 81.7%-0.5pp | 72.3%+9.0pp |
| Annual return | 15.63% | 118.20%-102.6pp | 122.10%-106.5pp | 97.94%-82.3pp |
| Employer contribution / active EE | $3,113 | $1,844+68.8% | $5,169-39.8% | $2,406+29.4% |
| Participant deferral / active EE | $3,934 | $2,555+54.0% | $5,569-29.4% | $4,132-4.8% |
| Admin fee / account holder | $227 | $150+51.4% | $16,244-98.6% | $170+33.6% |