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.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $159,165 |
COMMONWEALTH FINANCIAL NETWORK9+ years Filed as: COMMONWEALTH EQUITY SERVICES LLP Service code 28 · EIN 04-2675571 | Investment Management | $24,962 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,481 | $47,163+66.4% | $149,696-47.6% | $74,460+5.4% |
| Participation rate | 86.0% | 63.4%+22.5pp | 78.8%+7.2pp | 70.7%+15.2pp |
| Annual return | 17.97% | 22.75%-4.8pp | 134.46%-116.5pp | 34.38%-16.4pp |
| Employer contribution / active EE | $3,331 | $1,907+74.7% | $4,821-30.9% | $2,638+26.3% |
| Participant deferral / active EE | $4,474 | $2,730+63.9% | $5,682-21.3% | $4,530-1.2% |
| Admin fee / account holder | $192 | $343-44.1% | $13,212-98.5% | $348-44.9% |