Filed October 12, 1995
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 |
|---|---|---|
MURRAY FINANCIAL GROUP4 years Service code 16 · EIN 45-0834412 | Consulting | $100,561 |
ALERUS FINANCIAL, N.A.9 years Service code 15 · EIN 45-6062081 | Recordkeeping | $22,587 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,188 | $66,457+34.2% | $81,382+9.6% | $77,643+14.9% |
| Participation rate | 45.5% | 68.7%-23.2pp | 69.5%-24.0pp | 70.6%-25.0pp |
| Annual return | 15.80% | 15.93%-0.1pp | 24.73%-8.9pp | 31.24%-15.4pp |
| Employer contribution / active EE | $775 | $2,159-64.1% | $2,463-68.5% | $2,726-71.6% |
| Participant deferral / active EE | $2,480 | $3,679-32.6% | $3,883-36.1% | $4,647-46.6% |
| Admin fee / account holder | $387 | $583-33.5% | $5,768-93.3% | $430-10.0% |