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 15 · EIN 45-6062081 | Recordkeeping | $58,842 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $53,617 |
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 | $101,023 | $130,194-22.4% | $169,993-40.6% | $71,457+41.4% |
| Participation rate | 96.3% | 86.1%+10.2pp | 87.0%+9.3pp | 67.9%+28.4pp |
| Annual return | 15.20% | 20.37%-5.2pp | 53.37%-38.2pp | 28.85%-13.7pp |
| Employer contribution / active EE | $4,629 | $4,381+5.7% | $6,785-31.8% | $2,588+78.9% |
| Participant deferral / active EE | $5,142 | $6,923-25.7% | $10,408-50.6% | $4,289+19.9% |
| Admin fee / account holder | $434 | $966-55.0% | $12,815-96.6% | $1,587-72.6% |