Filed February 10, 2005
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.
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 |
|---|---|---|
ORGEL WEALTH MANAGEMENT1 year Filed as: ORGEL WEALTH MANAGEMENT, LLC Service code 25 · EIN 46-2793932 | Directed Trustee | $27,435 |
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $8,729 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,826 | $85,713-36.0% | $86,698-36.8% | - |
| Participation rate | 88.9% | 72.2%+16.7pp | 76.6%+12.3pp | - |
| Annual return | -11.24% | -20.12%+8.9pp | 35.96%-47.2pp | - |
| Employer contribution / active EE | $1,888 | $1,789+5.5% | $2,837-33.5% | - |
| Participant deferral / active EE | $4,061 | $3,318+22.4% | $4,656-12.8% | - |
| Admin fee / account holder | $345 | $28,935-98.8% | $7,492-95.4% | - |