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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $35,554 |
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 | $70,389 | $71,192-1.1% | $117,854-40.3% | $62,292+13.0% |
| Participation rate | 98.4% | 74.2%+24.2pp | 79.7%+18.8pp | 69.5%+28.9pp |
| Annual return | 12.63% | 18.66%-6.0pp | 335.08%-322.4pp | 28.90%-16.3pp |
| Employer contribution / active EE | $665 | $1,934-65.6% | $3,786-82.4% | $2,042-67.5% |
| Participant deferral / active EE | $4,060 | $3,189+27.3% | $4,482-9.4% | $3,169+28.1% |
| Admin fee / account holder | $168 | $587-71.4% | $8,020-97.9% | $479-65.0% |