Filed December 29, 2015
Total covered: 3 employees
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| Provider | Service type | Compensation |
|---|---|---|
SPECTRUM INVESTMENT ADVISORS4 years Filed as: SPECTRUM INVESTMENT ADVISORS, INC. Service code 26 · EIN 39-1828175 | Advisory (Participants) | $17,005 |
ALERUS FINANCIAL, N.A.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $16,917 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,263 | $86,949-49.1% | $102,460-56.8% | $80,959-45.3% |
| Participation rate | 97.8% | 72.4%+25.4pp | 76.5%+21.2pp | 67.7%+30.1pp |
| Annual return | 15.68% | 18.89%-3.2pp | 29.47%-13.8pp | 35.67%-20.0pp |
| Employer contribution / active EE | $2,711 | $2,370+14.4% | $3,025-10.4% | $2,757-1.7% |
| Participant deferral / active EE | $4,915 | $4,121+19.3% | $5,056-2.8% | $4,300+14.3% |
| Admin fee / account holder | $267 | $8,048-96.7% | $9,460-97.2% | $6,925-96.1% |