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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT1+ years Service code 26 · EIN 41-1416330 | Advisory (Participants) | $9,708 |
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $4,571 |
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 | $94,031 | $54,320+73.1% | $67,652+39.0% | $52,331+79.7% |
| Participation rate | 88.2% | 73.6%+14.6pp | 75.7%+12.5pp | 68.1%+20.1pp |
| Annual return | 0.32% | 6.81%-6.5pp | 6625.40%-6625.1pp | 4.54%-4.2pp |
| Employer contribution / active EE | $1,873 | $1,544+21.3% | $2,266-17.3% | $1,882-0.4% |
| Participant deferral / active EE | $5,815 | $2,950+97.1% | $3,560+63.3% | $3,022+92.4% |
| Admin fee / account holder | $63 | $527-88.0% | $4,821-98.7% | $592-89.3% |