Filed July 1, 2010
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.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $16,274 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,216 | $50,643-60.1% | $106,619-81.0% | $55,167-63.4% |
| Participation rate | 96.6% | 65.6%+31.0pp | 78.0%+18.6pp | 69.0%+27.6pp |
| Annual return | 4.69% | 7.02%-2.3pp | 9.42%-4.7pp | 169.23%-164.5pp |
| Employer contribution / active EE | $776 | $1,626-52.3% | $3,947-80.3% | $1,963-60.5% |
| Participant deferral / active EE | $1,190 | $2,208-46.1% | $3,930-69.7% | $3,054-61.0% |
| Admin fee / account holder | $85 | $488-82.7% | $6,418-98.7% | $504-83.2% |