Filed October 18, 2004
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 | $31,960 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $58,591 | $63,924-8.3% | $108,579-46.0% | $55,167+6.2% |
| Participation rate | 99.0% | 74.3%+24.6pp | 79.6%+19.4pp | 69.0%+30.0pp |
| Annual return | -1.39% | 15.31%-16.7pp | -51.70%+50.3pp | 169.23%-170.6pp |
| Employer contribution / active EE | $807 | $1,879-57.0% | $3,758-78.5% | $1,963-58.9% |
| Participant deferral / active EE | $3,709 | $3,067+20.9% | $4,311-14.0% | $3,054+21.4% |
| Admin fee / account holder | $146 | $618-76.4% | $7,645-98.1% | $504-71.0% |