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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT8+ years Service code 26 · EIN 41-1416330 | Advisory (Participants) | $50,400 |
ALERUS FINANCIAL, N.A.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $46,460 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,762 | $72,303+17.2% | $86,698-2.2% | $64,824+30.8% |
| Participation rate | 97.9% | 80.4%+17.5pp | 76.6%+21.3pp | 71.5%+26.4pp |
| Annual return | -14.60% | 392.77%-407.4pp | 35.96%-50.6pp | 32.84%-47.4pp |
| Employer contribution / active EE | $2,293 | $2,393-4.2% | $2,837-19.2% | $2,507-8.5% |
| Participant deferral / active EE | $6,600 | $4,660+41.6% | $4,656+41.7% | $4,311+53.1% |
| Admin fee / account holder | $233 | $174+33.8% | $7,492-96.9% | $188+24.0% |