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) | $43,901 |
ALERUS FINANCIAL, N.A.5+ years Filed as: ALERUS FIANCIAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $32,698 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $99,107 | $98,982+0.1% | $162,163-38.9% | $65,185+52.0% |
| Participation rate | 98.8% | 85.8%+13.0pp | 87.6%+11.2pp | 70.2%+28.6pp |
| Annual return | 24.22% | 24.84%-0.6pp | 115.59%-91.4pp | 29.38%-5.2pp |
| Employer contribution / active EE | $5,073 | $3,467+46.3% | $5,614-9.6% | $2,177+133.1% |
| Participant deferral / active EE | $4,622 | $5,384-14.2% | $7,298-36.7% | $3,514+31.5% |
| Admin fee / account holder | $360 | $596-39.7% | $10,843-96.7% | $847-57.5% |