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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.8 years Service code 15 · EIN 45-6062081 | Recordkeeping | $64,376 |
HARBOUR INVESTMENTS INC4 years Service code 26 · EIN 39-1571149 | Advisory (Participants) | $30,546 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,627 | $89,123-9.5% | $102,460-21.3% | $77,762+3.7% |
| Participation rate | 89.5% | 80.9%+8.6pp | 76.5%+13.0pp | 70.6%+18.9pp |
| Annual return | 21.13% | 25.05%-3.9pp | 29.47%-8.3pp | 31.27%-10.1pp |
| Employer contribution / active EE | $2,670 | $2,700-1.1% | $3,025-11.7% | $2,728-2.1% |
| Participant deferral / active EE | $5,712 | $5,148+11.0% | $5,056+13.0% | $4,651+22.8% |
| Admin fee / account holder | $237 | $236+0.4% | $9,460-97.5% | $433-45.3% |