Filed December 19, 2019
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 Filed as: ALERUS FINANCIAL ATTN Service code 10 · EIN 45-0140105 | Accounting | $25,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $1,425 |
NATIONAL PLANNING CORPORATION2+ years Service code 61 100 N SEPULVEDA BLVD STE 1800 · EL SEGUNDO, CA 90245 | Finders' fees / placement fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,809 | $57,103+8.2% | $87,507-29.4% | $57,658+7.2% |
| Participation rate | 46.6% | 64.3%-17.8pp | 73.8%-27.3pp | 70.2%-23.7pp |
| Annual return | 5.92% | 12.71%-6.8pp | 12.21%-6.3pp | 5.13%+0.8pp |
| Employer contribution / active EE | $709 | $1,107-36.0% | $2,550-72.2% | $1,974-64.1% |
| Participant deferral / active EE | $1,699 | $2,250-24.5% | $3,149-46.0% | $3,061-44.5% |
| Admin fee / account holder | $76 | $281-73.0% | $4,221-98.2% | $95-19.9% |