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.
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,809 | $57,103+8.2% | $87,502-29.4% | $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% |