Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ORGEL WEALTH MANAGEMENT2 years Filed as: ORGEL WEALTH MANAGEMENT, LLC Service code 26 · EIN 46-2793932 | Advisory (Participants) | $40,339 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $23,381 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $133,911 | $80,753+65.8% | $136,294-1.7% | $62,292+115.0% |
| Participation rate | 90.7% | 73.5%+17.1pp | 81.9%+8.7pp | 69.5%+21.1pp |
| Annual return | 14.95% | 35.83%-20.9pp | 5155.94%-5141.0pp | 28.90%-13.9pp |
| Employer contribution / active EE | $5,700 | $2,884+97.7% | $4,695+21.4% | $2,042+179.1% |
| Participant deferral / active EE | $5,371 | $5,164+4.0% | $6,247-14.0% | $3,169+69.5% |
| Admin fee / account holder | $433 | $525-17.5% | $9,243-95.3% | $479-9.6% |