Filed June 28, 2006
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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $32,480 |
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 | $66,093 | $87,870-24.8% | $113,168-41.6% | $74,304-11.1% |
| Participation rate | 96.9% | 70.7%+26.2pp | 76.6%+20.4pp | 60.3%+36.6pp |
| Annual return | 12.71% | 26.44%-13.7pp | 24.27%-11.6pp | 29.43%-16.7pp |
| Employer contribution / active EE | $1,713 | $2,277-24.8% | $2,975-42.4% | $2,241-23.6% |
| Participant deferral / active EE | $4,448 | $4,241+4.9% | $5,107-12.9% | $3,767+18.1% |
| Admin fee / account holder | $164 | $3,368-95.1% | $12,068-98.6% | $2,969-94.5% |