Filed November 30, 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 7-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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $5,146 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,689 | $91,407+17.8% | $135,903-20.8% | $71,457+50.7% |
| Participation rate | 100.0% | 75.7%+24.3pp | 81.9%+18.1pp | 67.9%+32.1pp |
| Annual return | 17.79% | 29.90%-12.1pp | 68.23%-50.4pp | 28.85%-11.1pp |
| Employer contribution / active EE | $2,100 | $3,703-43.3% | $4,856-56.8% | $2,588-18.8% |
| Participant deferral / active EE | $9,424 | $7,092+32.9% | $7,758+21.5% | $4,289+119.7% |
| Admin fee / account holder | $37 | $1,266-97.1% | $10,762-99.7% | $1,587-97.7% |