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 |
|---|---|---|
INDEPENDENT SERVICE COMPANY2+ years Service code 26 · EIN 41-0961814 | Advisory (Participants) | $26,536 |
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $9,295 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $41,231 | $50,106-17.7% | $70,014-41.1% | $57,658-28.5% |
| Participation rate | 66.0% | 70.9%-4.9pp | 71.8%-5.8pp | 70.2%-4.2pp |
| Annual return | 8.39% | 14.58%-6.2pp | 12.99%-4.6pp | 5.13%+3.3pp |
| Employer contribution / active EE | $480 | $1,739-72.4% | $2,338-79.5% | $1,974-75.7% |
| Participant deferral / active EE | $2,486 | $2,4860% | $2,931-15.2% | $3,061-18.8% |
| Admin fee / account holder | $131 | $89+47.2% | $4,380-97.0% | $95+38.8% |