Filed December 29, 2015
Total covered: 3 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $15,457 |
SPECTRUM INVESTMENT ADVISORS3 years Filed as: SPECTRUM INVESTMENT ADVISORS, INC. Service code 26 · EIN 39-1828175 | Advisory (Participants) | $13,450 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,161 | $80,983-57.8% | $96,544-64.6% | $75,177-54.6% |
| Participation rate | 92.7% | 71.8%+20.9pp | 76.0%+16.7pp | 67.2%+25.5pp |
| Annual return | 19.12% | 27.05%-7.9pp | 25.88%-6.8pp | 160.75%-141.6pp |
| Employer contribution / active EE | $2,338 | $2,282+2.4% | $2,966-21.2% | $2,671-12.5% |
| Participant deferral / active EE | $4,282 | $3,929+9.0% | $4,851-11.7% | $4,126+3.8% |
| Admin fee / account holder | $224 | $6,717-96.7% | $8,254-97.3% | $5,651-96.0% |