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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT9+ years Service code 26 · EIN 41-1416330 | Advisory (Participants) | $65,400 |
ALERUS FINANCIAL, N.A.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $55,701 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,268 | $99,201-15.1% | $96,544-12.7% | $74,473+13.2% |
| Participation rate | 97.9% | 80.7%+17.3pp | 76.0%+22.0pp | 70.7%+27.2pp |
| Annual return | 17.95% | 22.40%-4.4pp | 25.88%-7.9pp | 34.36%-16.4pp |
| Employer contribution / active EE | $2,297 | $2,570-10.6% | $2,966-22.6% | $2,638-12.9% |
| Participant deferral / active EE | $6,722 | $4,938+36.1% | $4,851+38.6% | $4,530+48.4% |
| Admin fee / account holder | $229 | $225+1.8% | $8,254-97.2% | $347-34.0% |