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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.8 years Service code 15 · EIN 45-6062081 | Recordkeeping | $50,963 |
Filed as: INTELLICENTS, INC Service code 26 · EIN 41-1471080 | Advisory (Participants) | $0 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,366 | $76,696-60.4% | $96,515-68.5% | $71,511-57.5% |
| Participation rate | 93.6% | 66.6%+27.0pp | 74.3%+19.2pp | 67.9%+25.6pp |
| Annual return | 16.95% | 48.32%-31.4pp | 35.73%-18.8pp | 28.86%-11.9pp |
| Employer contribution / active EE | $2,043 | $3,032-32.6% | $3,740-45.4% | $2,589-21.1% |
| Participant deferral / active EE | $4,696 | $3,770+24.6% | $4,880-3.8% | $4,291+9.4% |
| Admin fee / account holder | $163 | $2,030-92.0% | $6,735-97.6% | $1,588-89.7% |