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.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $34,843 |
ORGEL WEALTH MANAGEMENT3 years Filed as: ORGEL WEALTH MANAGEMENT, LLC Service code 25 · EIN 46-2793932 | Directed Trustee | $25,642 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,797 | $79,171-21.9% | $102,423-39.7% | $74,495-17.0% |
| Participation rate | 96.0% | 74.8%+21.2pp | 76.5%+19.6pp | 67.2%+28.8pp |
| Annual return | 9.93% | 54.93%-45.0pp | 29.32%-19.4pp | 1364.94%-1355.0pp |
| Employer contribution / active EE | $2,140 | $2,362-9.4% | $3,023-29.2% | $2,623-18.4% |
| Participant deferral / active EE | $4,470 | $4,415+1.2% | $5,053-11.5% | $4,346+2.9% |
| Admin fee / account holder | $311 | $2,001-84.5% | $9,451-96.7% | $1,942-84.0% |