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.
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 |
|---|---|---|
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $32,424 |
ORGEL WEALTH MANAGEMENT2 years Filed as: ORGEL WEALTH MANAGEMENT, LLC Service code 25 · EIN 46-2793932 | Directed Trustee | $24,726 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,274 | $80,968-25.6% | $96,544-37.6% | $75,163-19.8% |
| Participation rate | 94.9% | 71.8%+23.1pp | 76.0%+18.9pp | 67.2%+27.7pp |
| Annual return | 13.42% | 27.06%-13.6pp | 25.84%-12.4pp | 160.62%-147.2pp |
| Employer contribution / active EE | $2,115 | $2,282-7.3% | $2,965-28.7% | $2,670-20.8% |
| Participant deferral / active EE | $4,163 | $3,928+6.0% | $4,851-14.2% | $4,125+0.9% |
| Admin fee / account holder | $284 | $6,724-95.8% | $8,252-96.6% | $5,651-95.0% |