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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $7,611 |
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,728 | $56,640+44.3% | $78,002+4.8% | $55,167+48.1% |
| Participation rate | 90.9% | 73.3%+17.6pp | 75.5%+15.3pp | 69.0%+21.9pp |
| Annual return | 6.28% | 2868.48%-2862.2pp | 425.99%-419.7pp | 169.23%-163.0pp |
| Employer contribution / active EE | $541 | $1,724-68.6% | $2,470-78.1% | $1,963-72.5% |
| Participant deferral / active EE | $4,470 | $2,778+60.9% | $3,497+27.8% | $3,054+46.4% |
| Admin fee / account holder | $28 | $467-94.0% | $5,481-99.5% | $504-94.4% |