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 Service code 15 · EIN 45-6062081 | Recordkeeping | $10,686 |
NFP RETIREMENT INC2+ years Filed as: NFP SECURITIES INC Service code 27 · EIN 74-2794194 | Advisory (Plan) | $6,591 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,145 | $36,916-23.8% | $156,551-82.0% | $57,658-51.2% |
| Participation rate | 47.5% | 63.4%-15.9pp | 84.0%-36.5pp | 70.2%-22.7pp |
| Annual return | 7.60% | 12.38%-4.8pp | 32.23%-24.6pp | 5.13%+2.5pp |
| Employer contribution / active EE | $283 | $1,571-82.0% | $5,501-94.9% | $1,974-85.7% |
| Participant deferral / active EE | $1,337 | $1,926-30.6% | $4,871-72.6% | $3,061-56.3% |
| Admin fee / account holder | $78 | $82-5.2% | $13,028-99.4% | $95-17.3% |