Filed May 26, 2005
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 10-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 |
|---|---|---|
Filed as: RAYMOND JAMES AND ASSOCIATES, INC Service code 26 · EIN 59-1237041 | Advisory (Participants) | $34,323 |
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS FIANCIAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $30,840 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,405 | $79,523-1.4% | $140,016-44.0% | $56,287+39.3% |
| Participation rate | 99.4% | 85.7%+13.7pp | 87.5%+11.9pp | 69.9%+29.5pp |
| Annual return | -6.55% | 2.39%-8.9pp | 651.12%-657.7pp | -9.96%+3.4pp |
| Employer contribution / active EE | $4,666 | $3,350+39.3% | $5,606-16.8% | $2,111+121.0% |
| Participant deferral / active EE | $4,181 | $5,129-18.5% | $6,927-39.6% | $3,350+24.8% |
| Admin fee / account holder | $307 | $614-50.0% | $10,705-97.1% | $521-41.0% |