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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $157,460 |
COMMONWEALTH FINANCIAL NETWORK8+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $27,393 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,503 | $46,332+58.6% | $143,797-48.9% | $64,824+13.4% |
| Participation rate | 82.4% | 64.2%+18.2pp | 80.3%+2.1pp | 71.5%+10.9pp |
| Annual return | -17.09% | -10.05%-7.0pp | -0.04%-17.1pp | 32.84%-49.9pp |
| Employer contribution / active EE | $3,023 | $1,911+58.2% | $4,952-39.0% | $2,507+20.6% |
| Participant deferral / active EE | $4,182 | $2,647+58.0% | $5,638-25.8% | $4,311-3.0% |
| Admin fee / account holder | $201 | $154+30.5% | $14,679-98.6% | $188+6.9% |