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) | $46,310 |
ALERUS FINANCIAL, N.A.6+ years Filed as: ALERUS FIANCIAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $35,583 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,239 | $136,307-16.9% | $177,821-36.3% | $73,488+54.1% |
| Participation rate | 97.6% | 86.1%+11.5pp | 87.7%+9.9pp | 70.7%+26.9pp |
| Annual return | 14.09% | 18.68%-4.6pp | 48.32%-34.2pp | 28.51%-14.4pp |
| Employer contribution / active EE | $4,890 | $3,712+31.7% | $5,918-17.4% | $2,270+115.4% |
| Participant deferral / active EE | $4,707 | $5,829-19.2% | $7,714-39.0% | $3,740+25.9% |
| Admin fee / account holder | $372 | $596-37.5% | $12,427-97.0% | $513-27.4% |