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.7+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $67,207 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,063 | $65,437+19.3% | $86,698-10.0% | $66,949+16.6% |
| Participation rate | 88.6% | 75.5%+13.2pp | 76.6%+12.0pp | 69.8%+18.8pp |
| Annual return | -14.40% | -10.91%-3.5pp | 35.96%-50.4pp | 1.57%-16.0pp |
| Employer contribution / active EE | $2,080 | $2,154-3.4% | $2,837-26.7% | $2,545-18.3% |
| Participant deferral / active EE | $4,940 | $4,102+20.4% | $4,656+6.1% | $4,239+16.5% |
| Admin fee / account holder | $417 | $642-35.0% | $7,492-94.4% | $594-29.7% |