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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $23,523 |
Service code 15 · EIN 36-4389114 | Recordkeeping | $21,163 |
Filed as: CHARLES SCHWAB BANK Service code 16 · EIN 42-1558009 | Consulting | $5,632 |
Filed as: CHARLES SCHWAB AND CO, INC. Service code 19 · EIN 94-1737782 | Securities Custodian | $51 |
Service code 59 | Shareholder Servicing | $0 |
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,659 | $75,388-63.3% | $123,552-77.6% | $55,725-50.4% |
| Participation rate | 90.7% | 75.7%+15.0pp | 82.3%+8.4pp | 70.9%+19.9pp |
| Annual return | -2.46% | 4.48%-6.9pp | 119.20%-121.7pp | 244.93%-247.4pp |
| Employer contribution / active EE | $1,386 | $3,063-54.8% | $4,628-70.1% | $2,078-33.3% |
| Participant deferral / active EE | $3,674 | $5,651-35.0% | $6,426-42.8% | $3,356+9.5% |
| Admin fee / account holder | $107 | $120-10.3% | $9,285-98.8% | $115-6.7% |