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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BREMER TRUST NA Service code 21 PO BOX 986 · ST CLOUD, MN 56301 | Bank Trustee | $31,138 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $36,466 | $69,305-47.4% | $82,312-55.7% | $69,631-47.6% |
| Participation rate | 67.6% | 80.3%-12.7pp | 76.9%-9.3pp | 70.7%-3.1pp |
| Annual return | 22.51% | 21.47%+1.0pp | 25.88%-3.4pp | 27571.02%-27548.5pp |
| Employer contribution / active EE | $0 | $1,887-100.0% | $2,428-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $1,874 | $3,568-47.5% | $3,706-49.4% | $3,224-41.9% |
| Admin fee / account holder | $66 | $97-32.5% | $5,608-98.8% | $110-40.6% |