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.5+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $47,272 |
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 | $73,117 | $81,474-10.3% | $133,956-45.4% | $73,488-0.5% |
| Participation rate | 99.3% | 76.4%+22.9pp | 79.8%+19.4pp | 70.7%+28.6pp |
| Annual return | -5.06% | 19.40%-24.5pp | 45.09%-50.2pp | 28.51%-33.6pp |
| Employer contribution / active EE | $949 | $2,209-57.1% | $3,919-75.8% | $2,270-58.2% |
| Participant deferral / active EE | $6,184 | $3,786+63.3% | $5,048+22.5% | $3,740+65.4% |
| Admin fee / account holder | $236 | $713-66.9% | $8,927-97.4% | $513-53.9% |