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) | $51,402 |
ALERUS FINANCIAL, N.A.7+ years Filed as: ALERUS FIANCIAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $42,952 |
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 | $115,097 | $121,341-5.1% | $189,513-39.3% | $79,386+45.0% |
| Participation rate | 96.6% | 86.1%+10.5pp | 87.8%+8.8pp | 70.7%+25.9pp |
| Annual return | 21.23% | 21.08%+0.1pp | 555.15%-533.9pp | 116.85%-95.6pp |
| Employer contribution / active EE | $5,582 | $3,915+42.6% | $6,162-9.4% | $2,427+130.0% |
| Participant deferral / active EE | $5,046 | $6,395-21.1% | $8,221-38.6% | $4,046+24.7% |
| Admin fee / account holder | $371 | $651-43.0% | $12,045-96.9% | $626-40.7% |